Finance Minister Dr. Cassiel Ato Forson has revealed that total Treasury Bill (T-Bill) bids received by the Mahama administration since January 10, 2025, amount to GH₵89.7 billion.
Providing further details, he explained that out of this total, the government accepted GH₵59.5 billion—primarily to roll over inherited debt—while rejecting GH₵30.2 billion worth of bids.
Dr. Forson clarified that the Mahama government’s net borrowing currently stands at GH₵7.1 billion, mainly to serve as a buffer for maturing debts accrued under the previous New Patriotic Party (NPP) administration led by Nana Akufo-Addo and Dr. Mahamudu Bawumia.
“It is important to note that actual debt accumulation under the Mahama government is virtually zero,” he stated.