Finance Minister Dr. Cassiel Ato Forson has highlighted the significant financial challenges the government is grappling with, revealing that GHC 150.3 billion in domestic bond repayments are due over the next four years.
This debt burden, which was inherited from the previous Akufo-Addo administration through the Domestic Debt Exchange Programme (DDEP), has created a pressing situation for the current government.
Speaking on The Point of View on Channel One TV, Dr. Forson outlined the repayment schedule, which includes GHC 57.6 billion in 2027 and GHC 52.5 billion in 2028.
In addition to the debt crisis, he raised concerns about the energy sector, which is facing an annual shortfall of over $2 billion, with the government needing to secure funding to manage the deficit.
