Gov’t Faces GHS150bn Debt Repayment in Four Years – Ato Forson
Finance Minister warns of looming financial strain as energy sector crisis deepens
- Government must repay GHS150.3 billion in domestic debt by 2028
- Annual shortfalls exceed $2 billion, requiring urgent intervention
- GHS28 billion set aside in the 2025 budget to stabilize the energy sector
Finance Minister Dr. Cassiel Ato Forson has revealed that the government must repay GHS150.3 billion in domestic debt over the next four years under the Domestic Debt Exchange Programme (DDEP), an obligation inherited from the Akufo-Addo administration.
In an interview on Wednesday, Dr. Forson detailed the repayment schedule, noting that GHS57.6 billion is due in 2027, followed by GHS52.5 billion in 2028.
He also highlighted a crisis in the energy sector, where annual shortfalls exceed $2 billion. To address this, the 2025 budget has allocated GHS28 billion to stabilize the sector and prevent further financial distress.
His remarks emphasize the mounting fiscal challenges the government faces as it balances debt repayment and critical sector funding.
