Ghana's total debt stock is 111bn

Ghana's total debt stock is 111bn

NPP vice-presidential candidate, Dr Mahamudu Bawumia is alleging Ghana’s current debt stock is at to GHC 111billion.

Ghana's total debt stock is 111bn

I interacted with lecturers& students of Accra Polytechnic yesterday. I thank all who made time for the interaction - Bawumai tweeted

Addressing students at the Accra Polytechnic last Thursday, Dr. Bawumia said: “In the last seven years alone under this NDC government Ghana’s total debt has ballooned from GH¢9.5billion to GH¢99 billion by the end of 2015.

“You have the President quoting different debt figures from his Ministers of Finance and all of them are wrong! The incompetence of this government is just mindboggling! Ghana’s debt stock at the end of March 2016 is now projected to be around GH¢111 billion! Quite frankly the quantum of borrowing that has been undertaken by this government in the last seven years is nothing short of reckless and has a direct bearing on the high unemployment in the country,” he added

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According to him even though government have access to all the data it  is still misleading the people of Ghana with regards to the current government debt.

He tasked the government to fully disclose the plans on the layoffs to the Ghanaian public saying, “I am asking the government in the interest of transparency to make this document public

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