Public -
sector solutions to resolve the Europe's
debt crisis from institutions such as the International Monetary Fund and the ECB are «merely bodies exchanging cards in a game of old maid,» Gross
added.
However, in 2013, under President Mahamas first year administ ration, the total
public sector debt stock as at the end of September 2013 was GHc46.1 billion (53.5 %) of GDP up from GHc35.1 billion at the end of December 2012, Between December, 2012 and September, 2013, former President Mahama's administration
added about GHc11 billion to the total
debt stock, as against the GHcl6.8 billion the Nana Akufo.