Ghana’s public debt recorded a significant decline in 2025, falling from 70.3% of Gross Domestic Product (GDP) in 2024 to 49% at the end of 2025, according to the World Bank.
The sharp reduction represents major progress in Ghana’s efforts to restore debt sustainability and strengthen the country’s economic stability.
World Bank Division Director for Ghana, Liberia and Sierra Leone, Robert R. Taliercio, described the improvement in Ghana’s debt position as one of the major achievements under the country’s ongoing economic reform programme.
He made the remarks in Accra during the launch of the World Bank’s Tenth Ghana Economic Update, where he highlighted developments in Ghana’s fiscal and external sectors.
Ghana Debt Reduction Signals Economic Progress
According to Taliercio, the substantial decline in the Ghana public debt-to-GDP ratio, alongside improvements in fiscal and external sector performance, demonstrates the impact of difficult economic measures implemented to stabilise the economy.
The reduction in public debt is expected to strengthen Ghana’s debt sustainability and support ongoing efforts to restore macroeconomic stability.
The World Bank’s assessment highlights the progress made under Ghana’s broader economic reform programme as authorities continue implementing measures aimed at improving public finances and strengthening the economy.
The latest debt figures provide an important indicator of Ghana’s ongoing economic recovery and efforts to create a more sustainable fiscal environment.
Source: newsthemegh.com