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Interest-payments
Government spent GH¢101.21bn in half-year 2024
Government to spend GH¢119.62bn on compensation and interest payments in 2024
Interest payments estimated at 45% of revenue and grants in 2023 despite DDEP – Fitch
High yields to keep government interest payments elevated – Report
Ghana spent 45% of revenue on interest payments in 2022 – IMF
Fitch to downgrade Ghana to very deep junk status; Country’s Issuer Default Rating now ‘C’
Government spending, arrears clearance within target – BoG
Interest payments for first 5 months hit ¢17.84bn; constitutes 60% of domestic revenue – BoG
Government spent ¢37.5bn to pay interest, salaries in half-year 2022
Interest payments to rise further as cost of borrowing increases
Interest payments hit ¢10.6bn in quarter 1; domestic interest payments constitute 82.7% – BoG
Government spent ¢33.61bn on interest payments in 2021
Interest payments projected at ¢37.2bn in 2022
Government spent ¢6.75bn on interest payments in quarter 2 2021 – BoG
Ghana’s debt jumped 1.66% to hit GHS263bn in July 2020
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