Member of Parliament for Tano North Constituency, Dr Gideon Boako, has revealed that government borrowing from treasury bills (T-bills) has reached GH¢67 billion for the first two months of 2025.
In a Facebook post on Sunday, 2nd March, he highlighted the significant amount raised through short-term debt instruments.
“As at the end of Friday’s auction, the total borrowing from the T-bill market from January 10th to February 28th is 67 billion cedis,” he stated.
The revelation has sparked discussions about the government’s reliance on domestic borrowing to finance its expenditures.
Treasury bills, which serve as a key source of short-term funding, have seen strong investor interest in recent months.
However, concerns have been raised about the sustainability of this borrowing trend and its potential impact on interest rates and inflation.
Dr Boako’s comments come at a time when the government is preparing to present the 2025 budget, with many stakeholders keen to understand the broader fiscal strategy.
While treasury bill auctions provide liquidity for government operations, excessive borrowing could put pressure on the economy.
Analysts have warned that continued reliance on domestic debt could crowd out private sector investment and drive up borrowing costs.
