International Monetary Fund says Ghana’s debt-to-GDP ratio may rise to 53% in 2026. This is an increase from 45.3% recorded in 2025. The projection was shared during the IMF and World Bank Spring Meetings in Washington DC. The report did not clearly explain the exact reasons for the expected rise. Ghana’s debt had earlier dropped from 61.8% in 2024 to 45.3% in 2025.
Experts say future borrowing, exchange rate changes, and economic growth could affect the trend. The government recently raised GH¢2.7 billion through a 7-year bond to support financing. The IMF expects the debt level to reduce slightly to 50.7% in 2027 if reforms continue.