The International Monetary Fund (IMF’s) executive board has approved a three-year extended credit facility (ECF) arrangement of $3 billion for Ghana. In a statement on Wednesday, the IMF said the
Tag "Ghana-IMF loan"
The Ghanaian government has extended the deadline for its domestic debt exchange programme to January 31, 2023. Ken Ofori-Atta, Ghana’s finance minister, disclosed this in a Twitter post on Monday.
Ghana’s annual consumer inflation rate accelerated to a new 22-year high of 54.1 percent in December 2022, up from 50.3 percent in November. Samuel Kobina Annim, the government statistician for
The Ghanaian government has asked domestic bondholders to exchange their instruments for new ones. In a statement issued on Sunday, Ken Ofori-Atta, Ghana’s finance minister, said existing domestic bonds would
Ghana will ask its international bondholders to accept losses of as much as 30 percent on the principal and forgo
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