Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has raised serious concerns about Ghana's escalating debt crisis and its impact on the country's foreign ministry and international obligations.
Speaking on Joy FM's Super Morning Show on Friday, February 28, Mr Ablakwa revealed that the country's debt situation is "frightening" and outlined the significant financial challenges the government faces in clearing arrears, particularly in relation to its foreign obligations.
Mr Ablakwa disclosed that the Foreign Ministry has been hit hard by the country's financial troubles, with outstanding arrears of approximately GH₵453 million.
He explained that much of this debt stems from unpaid access contributions to international organizations such as ECOWAS, the African Union (AU), and the United Nations (UN).
