CARTOON OF THE DAY: Ghana's real debt

Ghana's debt stock rose to US$25.6 billion or GH¢97.2 billion in December last year, equivalent to 72.9 per cent of the year's total economic output, measured by gross domestic product (GDP).

Data released by the Bank of Ghana (BoG) last Saturday showed that out of the total debt stock at the time, domestic debt amounted to GH¢39.4 billion (29.5 per cent of GDP) while the rest, GH¢57.8 billion (43.4 per cent of GDP), was external debt.

Cartoonist Makaveli delves into the issue.

Source: 
Starr FM
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