Finance Minister, Mohammed Amin Adam has provided his monthly update on the state of Ghana’s economy, addressing key concerns, including the country’s public debt, which has reached 716 billion cedis.

He explained that the increase is partly due to the depreciation of the cedi, among other factors.

Dr. Adam also announced that the Ministry will be launching an exchange offer in the coming days, a significant move in the ongoing external debt restructuring process.

Despite these challenges, he assured that the government remains on track to meet its debt targets under the International Monetary Fund (IMF) programme.

Read his full speech below:

Source: Adomonline

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