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flag Ghana faces massive debt payments totaling $8.7 billion in 2027-2028, about 10.9% of its GDP.

flag Ghana faces significant debt payments in 2027 and 2028, totaling $8.7 billion or 10.9% of its GDP, due to the terms of an IMF-supported debt restructuring program. flag Finance Minister Dr. Cassiel Ato Forson attributes the heavy repayment schedule to decisions made by the previous administration. flag The country also needs a GH¢53 billion bailout for the Bank of Ghana and additional funds for state-owned banks. flag Parliament members have urged transparency in budgeting to avoid fraudulent claims and maintain fiscal stability. flag Despite these challenges, the government aims to achieve debt sustainability goals ahead of schedule.

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