Tell us the state of our national debts – Haruna Iddrisu To Akufo-Addo

Minority Leader Haruna Iddrisu has asked President Akufo-Addo to tell Ghanaians the current state of public debt owed by the country after he delivered his State of The Nation Address (SONA) to parliament on Tuesday, 9th March, 2021.

According to an IMF report sighted by TamaleOnline News on myjoyonline.com said, the nation’s debt-to-GDP ratio has been growing sharply, from 44% in 2016 to 58.3% in 2017and subsequently to 59.1% in 2018.

In 2019, the natio’s debt stood at 62.8% of GDP, about GHS217.9 billion.

Ghana’s debt stock hit GHS263 billion in July 2020.

But the Tamale South legislator questioned why the President was silent about the debt stock of Ghana in his address but was quick to mention that of the erstwhile Mahama administration in his maiden SONA four years ago.

“Interestingly, he [Akufo-Addo] is silent on our national deb but four years ago he said I inherited this debt.

“What is the state of our national debt”? Haruna Iddrisu quizzed President Akufo-Addo.

Source: tamaleonline.net

Leave a Reply

Your email address will not be published. Required fields are marked *