Ghana’s domestic debt stock increased by approximately GH¢57 billion between December 2025 and June 2026, representing about 3.6% of Gross Domestic Product (GDP), according to the Bank of Ghana.
The increase pushed Ghana’s domestic debt to GH¢391.115 billion by June 2026, equivalent to approximately 24.5% of GDP, highlighting continued developments in the country’s public debt and domestic financing requirements.
According to the Bank of Ghana Monetary Policy Report for July 2026, the rise in domestic debt was largely driven by increased government borrowing through short-, medium- and long-term securities.
Short-term securities recorded the biggest increase, rising by GH¢33.432 billion during the period. Medium-term securities also increased by GH¢17.249 billion, while long-term securities rose by GH¢6.763 billion.
The Central Bank noted that short-term debt instruments accounted for the largest share of the increase in Ghana’s domestic debt stock when measured according to the maturity structure of government securities.
The latest figures provide fresh insight into Ghana’s public debt position, government borrowing and debt management strategy, as authorities continue efforts to manage the country’s fiscal position and strengthen economic stability.
The rise in domestic borrowing also places renewed focus on Ghana Treasury bills, government securities, domestic debt restructuring, interest payments and fiscal policy, which remain important issues for investors and economic stakeholders.
Source: newsthemegh.com