The Finance Minister, Dr. Cassiel Ato Forson, has revealed that the net borrowing by the Mahama government currently stands at GH₵7.1 billion,
Also, the administration since January 10, 2025, has received a total Treasury Bill (T-Bill) bids of GH₵89.7 billion.
In a post on X, the Minister explained that of this total, the government accepted GH₵59.5 billion—largely rollovers of inherited debt—while rejecting GH₵30.2 billion worth of bids.
“It is instructive to note that actual debt accumulation under the Mahama government is virtually zero,” Dr. Forson stated.
For the record,
total T-Bill bids received by the Mahama government since January 10, 2025, stand at GHS89.7 billion.
Of this amount, total T-Bill bids accepted—being rollovers of debt inherited by the Mahama government—stand at GHS59.5 billion, while total T-Bill bids…
— Cassiel Ato Forson(PhD) (@Cassielforson) March 1, 2025
He added that the administration’s prudent public debt management strategies have resulted in a sharp decline in the 91-day T-Bill rate from 28.34 per cent to 20.79 per cent within just 50 days.
This drop Dr. Forson noted reflects strong investor confidence in the Ghanaian economy under the current leadership.
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