• About Us
  • Contact Us
Account
GTB
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
Account
Ghana Talks Business
No Result
View All Result

Ghana’s debt now pegged at 170.8 billion cedis – Bank of Ghana reveals

26/11/2018
Reading Time: 1 min read
ghana's_debt_increased

Ghana's Finance Minister, Ken Ofori Atta

0
SHARES
Share on FacebookShare on TwitterShare on WhatsApp

The latest summary of economic figures released by the Bank of Ghana indicates that Ghana added to its debt between July and August 2018, the country added 11.4 billion cedis to its debt stock.

Calculating this as a percentage of GDP, Ghana’s debt represents 57.2 percent.

The country, within the period, accumulated an external debt component of 86.6 billion cedis while the domestic debt component has reached 84.2 billion cedis.

Meanwhile, between as at October this year, the country’s total exports reached 12.54 billion dollars. Of this, gold generated the highest revenue of 4.7 billion dollars.

It was followed by oil which raked in 3.83 billion dollars in revenue with cocoa placing third with its export revenue reaching 1.67 billion dollars.

With the banking sector, the total Non-Performing Loans (NPLs) increased marginally to 20.1 percent in October after dropping to 20 percent in September

Again, the total deposits of all banks remained at 67.5 billion cedis in nominal terms, but increased by 20.9 percent on a year on year basis.

ALSO READ: Government to convert GRIDCo’s debts into equity

 

Previous Post

Black Friday pulled in a record $6.22 billion in online sales

Next Post

Billionaire Ray Dalio: Why saving in cash is ‘the worst thing you could do’

Related Posts

MostBet Registration Bangladesh

29/12/2023

28/12/2023

Праздничные подарки от 1 win насладитесь Новым Годом с дополнительными выгодами!

22/12/2023

How does the sizing of sp5der clothing run

22/12/2023

Azərbaycanda rəsmi sayt

20/12/2023

Mostbet Casino Azərbaycan üçün imkanlarını təqdim edir

20/12/2023
Next Post

Billionaire Ray Dalio: Why saving in cash is 'the worst thing you could do'

nigerian_oil

Nigeria loses $6bn from 'corrupt' oil deal linked to fraud

  • About Us
  • Disclaimer
  • Privacy Policy
  • Advertising
  • Contact Us

© 2023 Ghana Talks Business

No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
  • Login

© 2023 Ghana Talks Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In