Audio By Carbonatix
The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, says the government inherited a debt burden of about GH¢111 billion, placing significant pressure on public finances.
He said despite the debt obligations and the billions of cedis being committed to debt servicing, the government had continued to undertake major infrastructure projects across the country.
Speaking during an engagement with chiefs of the Eastern Nzema Traditional Area, Mr Buah said the government had paid more than GH¢2 billion in debt obligations in 2025 and 2026.
He added that the government is expected to pay more than GH¢10 billion next year, describing the repayment schedule as an obligation that cannot be avoided.

“All we have been doing is paying debt. Yet, in the midst of paying all the debt, we have been delivering several infrastructural projects,” he said.
Mr Buah argued that the financial obligations had not prevented the government from investing in infrastructure and other development projects.
He said the administration remained committed to using available resources to address infrastructure deficits and improve living conditions while meeting the country’s debt obligations.
The Minister’s comments come amid ongoing discussions over public debt management and the government’s ability to balance debt servicing with its development priorities.
Latest Stories
-
Foreign capital no passport to Ghana’s informal retail market – GIPA CEO
4 minutes -
E&P model should be seen as a blueprint for building local mining giants – GIPA Boss
11 minutes -
Govt’s decision to reduce nurse training long overdue – GRNMA
13 minutes -
Ghana needs emergency health fund to respond swiftly to outbreaks – SEND Ghana
20 minutes -
Gov’t must prioritise local vaccine manufacturing for future outbreaks – SEND Ghana
21 minutes -
Salomey Awiti Baffoe reunites with family and colleagues after release
26 minutes -
Fumigation must begin immediately to contain suspected yellow fever – SEND Ghana
28 minutes -
Yellow fever response too slow; govt must cut bureaucracy – SEND Ghana
30 minutes -
National Security Implications of the Security and Intelligence Agencies Act, 2026 (Act 1168) of Ghana
37 minutes -
NACOC, INL deepen cooperation to combat drug trafficking and organised crime
1 hour -
GEPA CEO calls for investment to transform Ghana’s economic opportunities
1 hour -
Photos: Antoine Semenyo says ‘I do’ to longtime partner Jordeen Buckley
2 hours -
Gender Minister visits Nana Akua Addo, assures family of support
2 hours -
You need to fake it sometimes to make it fun – Stephanie Benson tells couples
2 hours -
Mahama Cares says political affiliation will not determine access to medical support
2 hours