Ghana’s overall public debt pile grew by GH¢46.7 billion within a three-month window.
According to the Bank of Ghana’s July 2026 Summary of Economic and Financial Data, the nation’s total debt climbed from GH¢674.1 billion in February 2026 to GH¢720.8 billion by May 2026.
The figures point to a consistent climb across the period.The debt load rose to GH¢686.1 billion in March, then edged up to GH¢695.9 billion in April, before hitting GH¢720.8 billion in May.
The uptick reflects roughly a 7% increase over the quarter, as the government contends with funding needs to drive economic recovery and cover fiscal commitments.In USD terms though, the debt load eased to $61.5 billion, compared with $63.2 billion recorded in February 2026.
