According to the minister, total public debt servicing, including amortisation, is expected to increase by 20.2 percent from D13.46 billion in 2026 to D16.17 billion in 2027.
The increase will be driven mainly by higher interest payments on domestic debt, which are projected to rise by 34 percent.
“Debt service remains a challenge,” Mr Keita told lawmakers.
He said the government would continue to manage the risks associated with debt servicing by adhering to a concessional borrowing plan and applying strict expenditure controls.
The minister also said the government would continue working to ensure that public resources are linked to its development priorities.
Debt service is expected to account for 33 percent of Government Local Funds spending in 2027, while it will account for 24 percent under all funds.
In nominal terms, the D16.17 billion debt service allocation represents one of the largest components of the 2027 budget.
The minister said the 2027 budget was designed to deepen the country’s economic resilience while enhancing fiscal sustainability.
He also warned that debt servicing risks could be compounded by volatility from global events.
“To mitigate these risks, we will continue adhering to a concessional borrowing plan, applying strict expenditure controls, and supporting the linkage of every dalasi to our development priorities,” Mr Keita said.
The minister said the 2027 budget would also seek to maintain sound macroeconomic fundamentals while responding to recent crises in the Middle East.
He formally laid the draft Estimates of Revenues and Expenditures for the 2027-2029 fiscal period before the National Assembly for consideration and approval.
