Debt increase of 137% between 2016 and 2020 lower than previous administrations
Image source: GhanaWeb

Debt increase of 137% between 2016 and 2020 lower than previous administrations


Summary short_text

Comparing debt levels of all the past governments, Mr Ofori-Atta said the rate of increase in debt presently, was lower than that of former President John Kufuor, late former President John Mills and former President John Mahama administrations.

Between 2008 and 2012, the debt stock increased by 269 percent, whilst between 2012 and 2016, the increase in the debt stock was 243 percent.


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