The Finance Minister Dr Cassiel Ato Forson should spare Ghanaians  the financial rhetoric regarding his comment about the government's net borrowing of GhS7 billion The Finance Minister, while addressing concerns about the government's borrowing, emphasised that the net borrowing by the Mahama administration stands at GHS7.1 billion. "For the record, total T-Bill bids received by the Mahama government since January 10, 2025, stand at GHS89.7 billion," Dr Forson stated in a recent X post.

He explained that out of this amount, GHS59.5 billion in T-Bill bids were accepted as rollovers of inherited debt, while GHS30.2 billion in T-Bill bids were rejected.

Dr Forson emphasised that the actual debt accumulation under the Mahama government is virtually zero, thanks to prudent public debt management measures.

These measures have led to a significant drop in the 91-day T-Bill rate, from 28.34% to 20.79% in just 50 days, reflecting a strong vote of confidence in the Ghanaian economy by the investor community. "For the record, total T-Bill bids received by the Mahama government since January 10, 2025, stand at GHS89.7 billion.