The Ghanaian government is expected to reduce its borrowing from the Treasury bill market in 2025, according to Databank Research.
In their 2025 Ghana Market Outlook report, the financial services firm projects a borrowing of approximately GH₵200 billion, down from an estimated GH₵220 billion in 2024.
This translates to an average weekly borrowing of GH₵3.9 billion, compared to GH₵4.2 billion in the previous year.
Databank attributes this decline to "improved access to alternative funding sources and a strategic pivot towards long-term securities." This shift aligns with Ghana's broader economic recovery efforts and increased access to international financial markets, providing the government with greater flexibility in exploring sustainable financing options.