Deputy Finance Minister, Thomas Nyarko Ampem, has corrected a misleading claim made by former Minister of State at the Finance Ministry, Abena Osei Asare, regarding Ghana's external interest payments.
During the closing statement on the 2025 Mid-Year Budget Review debate in Parliament, Deputy Minister Nyarko Ampem addressed assertions made by the former Minister of State, who had claimed that Ghana's external interest payments had increased by GH¢1 billion despite the appreciation of the Ghana Cedi. "If the cedi has appreciated against the US dollar, external interest payment should come down.
It has rather increased by GH¢1 billion," MP Abena Osei Asare had argued.
But the Asuogyaman MP, speaking on behalf of the Finance Minister, Dr.