加纳公共债务三个月激增700亿赛地

Core Insights - Ghana's public debt has surged by approximately 71.6 billion cedis within three months, primarily due to significant depreciation of the cedi against the US dollar in the third quarter [1] - The total public debt decreased by 156.4 billion cedis between the first and second quarters, reaching 613.0 billion cedis, but has since risen to 684.6 billion cedis due to the depreciation effects [1] - If the cedi continues to face pressure against the dollar, the total public debt could exceed 700.0 billion cedis by year-end [1] Debt Dynamics - Historical data indicates that currency depreciation has been a major driver of rising debt levels in Ghana [1] - In 2023, currency depreciation accounted for 62.5% of the increase in total public debt, raising concerns about foreign exchange risks [1] - The Bank of Ghana has reduced its foreign exchange intervention efforts, which, combined with import pressures, contributes to the cedi's depreciation [1] Central Bank Actions - The central bank has historically injected US dollars to mitigate excessive depreciation of the cedi, which has also benefited public debt levels [1] - In 2025 alone, the Bank of Ghana provided approximately 10.0 billion USD to the foreign exchange market for indirect market intervention [1]