According to the Bank of Ghana's latest Summary of Economic and Financial Data report, Ghana's total public debt stock increased to GH¢674.1 billion in February 2026. This figure represents a rise from the previous month's level, reflecting continued fiscal pressures.
The debt, when converted to US dollars, stood at approximately $46.5 billion as of February 2026, based on the prevailing exchange rate. The increase is attributed to both domestic borrowing and external debt servicing costs.
Economists have noted that the debt-to-GDP ratio remains a concern, though the government has implemented measures under the IMF program to stabilize public finances. The Bank of Ghana continues to monitor the situation closely.
Further details from the report indicate that external debt constituted a significant portion of the total, with domestic debt also rising. The government has reiterated its commitment to fiscal consolidation.
