Finance Minister Dr. Cassiel Ato Forson has responded to concerns about the government's financial obligations, stating that the Mahama administration’s total net liability stands at GHS7.1 billion.

Sharing details in a recent post on X, Dr. Forson revealed that since January 10, 2025, the government has received Treasury Bill (T-Bill) offers amounting to GHS89.7 billion.

Of this figure, GHS59.5 billion was approved to refinance outstanding commitments inherited from the NPP/Akufo-Addo/Bawumia administration, while GHS30.2 billion was declined.

“For the record, total T-Bill bids received by the Mahama government since January 10, 2025, stand at GHS89.7 billion,” Dr Forson stated in a recent X post.

He clarified that these transactions are primarily focused on settling due payments rather than accumulating fresh liabilities. Consequently, he asserted, the Mahama government has effectively maintained a neutral debt position.

Dr. Forson attributed the sharp reduction in the 91-day T-Bill interest rate—from 28.34% to 20.79% within 50 days—to effective financial stewardship, adding that this shift reflects growing trust from investors in the nation’s fiscal direction.

He encouraged the public to dismiss negative narratives and instead recognize the tangible benefits of the government's economic policies.