The Ministry of Communications, Digital Technology, and Innovation has inherited a debt portfolio exceeding GH¢6 billion, with some key agencies operating on near-empty bank balances, according to the sector minister, Samuel Nartey George.
The minister, who is also the Member of Parliament for Ningo-Prampram, made the revelation on the floor of Parliament yesterday while presenting the 2025 budget estimates for the ministry.
Nartey George stated that the National Communications Authority (NCA), which previously had a strong financial standing, now has only US$1 million in its account. "The National Information Technology Agency (NITA) is also struggling with just GH¢25.08 in its bank account, but saddled with a debt of GH¢813.5 million," Mr Nartey George disclosed. "The previous government told us they bought Airtel Tigo for US$1, but it came with a debt of US$220 million," he said, adding that the financial strain has raised concerns even among international partners, including the US government and the International Monetary Fund (IMF).
Despite these challenges, the minister said government was committed to transforming Ghana's digital landscape through legislative reforms, infrastructure expansion, and job creation.
