- Supreme Court injunction could halt Treasury Bill auctions, threatening GH₵78 billion ($4.84 billion) borrowing program for 2024
- Ongoing parliamentary impasse adds to financial uncertainty as government scrambles for alternatives
Accra, Ghana – Ghana’s financial planning faces fresh uncertainty following a Supreme Court application seeking to halt Treasury Bill issuances. The legal challenge, filed on November 11, 2024, by private legal practitioner Jonathan Amable, could disrupt the government’s GH₵78 billion ($4.84 billion) borrowing target for 2024, including a critical GH₵10.8 billion ($621 million) scheduled for the final quarter.
You need an active subscription to continue reading this article.