• About us
  • Donate
  • WADR
  • Contact us
  • Live Stream
Saturday, June 7, 2025
Loud Silence News
Advertisement
  • Ghana News
    • General News
    • Business
    • Education
    • Opinion
  • US News
    • Business
    • Health
    • Human Interest Stories
    • Politics
    • Education
  • Africa News
    • Business
    • Education
    • Health
    • Politics
  • ShowBiz
    • Ghana ShowBiz
    • US Showbiz
    • African ShowBiz
    • World Showbiz
  • Editorials
    • People
  • World News
    • Politics
    • Business
    • Education
    • Health
  • Sports
    • Ghana Sports
    • World Sports
  • WADR
No Result
View All Result
  • Ghana News
    • General News
    • Business
    • Education
    • Opinion
  • US News
    • Business
    • Health
    • Human Interest Stories
    • Politics
    • Education
  • Africa News
    • Business
    • Education
    • Health
    • Politics
  • ShowBiz
    • Ghana ShowBiz
    • US Showbiz
    • African ShowBiz
    • World Showbiz
  • Editorials
    • People
  • World News
    • Politics
    • Business
    • Education
    • Health
  • Sports
    • Ghana Sports
    • World Sports
  • WADR
No Result
View All Result
Loud Silence News
No Result
View All Result
Home Ghana News

Government to borrow ¢4.59bn fresh loans in quarter 2, 2022 after passing E-Levy

News Reporter by News Reporter
April 11, 2022
in Ghana News
0
64
SHARES
357
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

Government will borrow ¢4.59 billion as fresh funds in the second quarter of this year to finance part of its budget.

This will however be higher than the ¢3.78 billion borrowed in the first three months of 2022.

You might also like

President Mahama Unveils 24-Hour Economy Plan, Set to roll out in July

Ghana’s Medical and Dental Council Clarifies Stance on Dr. Anne Sansa Daly’s Certification

Nii Armah Amarteifio Apologizes to Dr. Daly

From the Issuance Calendar, the entire ¢4.59 billion is expected to be mobilise from the domestic market, though non-resident investors can take part in some of the bonds that will be issued.

In all, government plans to issue a total amount of ¢24.69 billion, of which ¢20.10 billion is to rollover maturities.

Chunk of the monies to be borrowed will come from the 91-day and 182-day Treasury bills.

Whilst the three and six-months bill will be issued weekly, the one-year bill will be issued bi-weekly. There will also be some issuances of medium to long term bonds.  

According to the Bank of Ghana, government expects the 2nd quarter calendar to meet the requirements of market participants.

Again, government is assuring all stakeholders and the public that it will continue to strive for greater predictability and transparency in the domestic bond market.

Ghana’s public debt increased to ¢351bn in December 202

Ghana’s public debt stock rose to ¢351.8 billion in December 2021, from ¢344.5 billion in November 2021, about 80.1% of Gross Domestic Product (GDP), the March 2022 Summary of Economic and Financial Data by the Bank of Ghana (BoG) has revealed.

This confirmed Economists, Analysts and Market Watchers fears that the country’s debt had gotten out of hand and was estimated at about 80% of GDP in 2021.

According to the figures from the Central Bank, about ¢730 million fresh loans were added to the total public debt stock in December 2021. The increment may partially be due to the depreciation of the cedi during the last two months of 2021, which consequently increased the external debt component.

Previous Post

Paul Adom Otchere Shows again how “Foolish” he is On Facebook by Insulting Zita Benson for exposing his ineptness as GACL Chairman

Next Post

Salaries paid through MoMo will attract E-Levy – GRA

News Reporter

News Reporter

Related Posts

President Mahama Unveils 24-Hour Economy Plan, Set to roll out in July
Ghana News

President Mahama Unveils 24-Hour Economy Plan, Set to roll out in July

by News Reporter
May 28, 2025
Unmasking the Propaganda Machine: The Coordinated Smear Campaign Against Dr. Anne Sansa Daly
Ghana News

Ghana’s Medical and Dental Council Clarifies Stance on Dr. Anne Sansa Daly’s Certification

by News Reporter
May 26, 2025
Nii Armah Amarteifio Apologizes to Dr. Daly
Ghana News

Nii Armah Amarteifio Apologizes to Dr. Daly

by News Reporter
May 24, 2025
Unmasking the Propaganda Machine: The Coordinated Smear Campaign Against Dr. Anne Sansa Daly
Ghana News

Unmasking the Propaganda Machine: The Coordinated Smear Campaign Against Dr. Anne Sansa Daly

by News Reporter
May 23, 2025
Legal Notice: Demand for Retraction of Defamatory Publication
Ghana News

Legal Notice: Demand for Retraction of Defamatory Publication

by News Reporter
May 23, 2025
Next Post

Salaries paid through MoMo will attract E-Levy - GRA

Recommended

Penguin Meets Up With Orangutan During Excursion In Empty San Diego Zoo

Penguin Meets Up With Orangutan During Excursion In Empty San Diego Zoo

May 1, 2020
CIA warned employees against Trump’s wonder drug

CIA warned employees against Trump’s wonder drug

April 14, 2020

Categories

  • African Business
  • African Education
  • African Health
  • African News
  • African Politics
  • African ShowBiz
  • Education
  • Ghana Business
  • Ghana News
  • Ghana ShowBiz
  • Ghana Sports
  • Human Interest Stories
  • News
  • Opinion
  • People
  • ShowBiz
  • Social Trends
  • US Business
  • US Education
  • US Health
  • US News
  • US Politics
  • US Showbiz
  • WADR
  • World Business
  • World News
  • World Politics
  • World Showbiz
  • World Sports

Don't miss it

President Mahama Unveils 24-Hour Economy Plan, Set to roll out in July
Ghana News

President Mahama Unveils 24-Hour Economy Plan, Set to roll out in July

May 28, 2025
Unmasking the Propaganda Machine: The Coordinated Smear Campaign Against Dr. Anne Sansa Daly
Ghana News

Ghana’s Medical and Dental Council Clarifies Stance on Dr. Anne Sansa Daly’s Certification

May 26, 2025
Nii Armah Amarteifio Apologizes to Dr. Daly
Ghana News

Nii Armah Amarteifio Apologizes to Dr. Daly

May 24, 2025
Unmasking the Propaganda Machine: The Coordinated Smear Campaign Against Dr. Anne Sansa Daly
Ghana News

Unmasking the Propaganda Machine: The Coordinated Smear Campaign Against Dr. Anne Sansa Daly

May 23, 2025
Legal Notice: Demand for Retraction of Defamatory Publication
Ghana News

Legal Notice: Demand for Retraction of Defamatory Publication

May 23, 2025
Legal Notice: Demand for Retraction of Defamatory Publication
Ghana News

Legal Notice: Demand for Retraction of Defamatory Publication

May 23, 2025

About Us

LOGO

Loud Silence Radio & TV Network and is a multi media production company focusing on Ghanaian and African news.

Contact

  • Alexandria, Virginia, USA
  • +1 212-602-9641
  • loudsilenceradio@gmail.com
Facebook Twitter Youtube Linkedin

Download App

google play store

© 2021 Loud Silence Media. All rights reserved.

  • About us
  • Contact us
  • Donate
  • Live Stream
  • Privacy Policy
  • Terms of Use
Menu
  • About us
  • Contact us
  • Donate
  • Live Stream
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Ghana News
    • General News
    • Business
    • Education
    • Opinion
  • US News
    • Business
    • Health
    • Human Interest Stories
    • Politics
    • Education
  • Africa News
    • Business
    • Education
    • Health
    • Politics
  • ShowBiz
    • Ghana ShowBiz
    • US Showbiz
    • African ShowBiz
    • World Showbiz
  • Editorials
    • People
  • World News
    • Politics
    • Business
    • Education
    • Health
  • Sports
    • Ghana Sports
    • World Sports
  • WADR
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.