The Government has borrowed an amount of GH₵59.68 billion from the domestic money market within seven weeks of assuming office this year.
The amount was raised through the issuance of 91-day, 182-day, and 365-day Treasury Bills.
According to Bank of Ghana data, the new Mahama-led administration first accessed the domestic bond market on January 10, 2025, just three days after assuming office, borrowing GH₵8.07 billion.
This was followed by GH₵8.83 billion on January 17 and GH₵8.16 billion on January 24.
On January 31, the Government borrowed GH₵7.99 billion, followed by GH₵7.60 billion on February 7, GH₵9.43 billion on February 14, and GH₵9.60 billion on February 21.
The total amount borrowed within the period sums up to GH₵59.68 billion.
Date | Amount |
Jan 10 | 8.07 bn |
Jan 17 | 8.83 bn |
Jan 24 | 8.16 bn |
Jan 31 | 7.99 bn |
Feb 7 | 7.60 bn |
Feb 14 | 9.43 bn |
Feb 21 | 9.6. bn |
Total | GHȼ59.68 bn |