Member of Parliament for Adaklu Constituency has revealed the debt owed by every Ghanaian individual.
This comes after the Bank of Ghana’s January 2023 economic and financial statistics were made public.
According to Mr. Kwame Agbodza’s calculations, every Ghanaian owes GHS 20,000 in debt.
He tweeted, “In case you forgot,let me remind you that, each of us owes about GHs20,000. Start thinking of how you are going to pay your own. ..Say a big thank you to Akufo Addo,Dr Bawumia and Ken ofori Atta.”
In case you forgot,let me remind you that, each of us owe about ghs20,000 . Start thinking of how you are going to pay your own. ..Say a big thank you to Akufo Addo,Dr Bawumia and Ken ofori Atta
— kwame agbodza (@KAgbodza) February 2, 2023
Per the data, Ghana’s total public debt stock has increased to GH¢575.7 billion at the end of November 2022, bringing Ghana’s debt to Gross Domestic Product (GDP) ratio to 93.5% from 75.9% in September 2022.
The Bank of Ghana’s January 2023 economic and financial data summary revealed that the debt stock increased by GH¢108.3 billion between September and November 2021.
The external component of the country’s public debt shot up to GH¢382.7 billion in November 2022, equivalent to 62.1% of GDP.
