Finance Minister Dr.

Cassiel Ato Forson has clarified that Ghana's recent debt-to-GDP reduction was primarily due to a 37% principal haircut imposed on Eurobond holders, rather than any measures by the previous New Patriotic Party (NPP) administration.

As of the end of 2024, Ghana's debt-to-GDP ratio stood at 65.7%.

Speaking on The Point of View on Channel One TV on Wednesday, March 12, Dr.