Government inherited GH¢111bn debt burden but continues infrastructure projects – Lands Minister

The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, revealed that the government has inherited a staggering debt burden of approximately GH¢111 billion, placing considerable strain on public finances. Despite this financial obligation and the billions of cedis allocated to debt servicing, the government has continued to embark on significant infrastructure projects throughout the nation.

During an interaction with chiefs from the Eastern Nzema Traditional Area, Mr. Buah disclosed that the government had already paid over GH¢2 billion in debt obligations in 2025 and 2026. He further indicated that the government anticipates paying more than GH¢10 billion in debt repayment next year, emphasizing that the repayment schedule is an unavoidable obligation.

"All we have been doing is paying debt. Yet, in the midst of paying all the debt, we have been delivering several infrastructural projects," he noted. Mr. Buah contended that the financial commitments have not hindered the government from investing in infrastructure and other development initiatives. He affirmed the administration's commitment to utilizing available resources to tackle infrastructure deficiencies and enhance living conditions while simultaneously fulfilling the country's debt responsibilities.

Mr. Buah's remarks coincide with ongoing deliberations surrounding public debt management and the government's capacity to strike a balance between debt servicing and its development objectives.