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Tag "Ken Ofori-Atta"

Ghana’s inflation rate dropped to 23.2% in February

    Ghana’s inflation rate dropped to 23.2% in February

Ghana’s inflation rate dropped to 23.2 percent in February 2024. The country’s inflation decreased from the 23.5 percent recorded in January. Samuel Annim, the Ghanaian government statistician, announced this while

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Ghana dollar bonds fall as investors resist debt overhaul plans

    Ghana dollar bonds fall as investors resist debt overhaul plans

On Tuesday, Ghana’s sovereign dollar bonds recorded a steep drop after the government proposed a 30-40 percent haircut on principal investments to bondholders. A haircut in business terms is a

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Ghana begins domestic debt swap amid IMF bailout talks

    Ghana begins domestic debt swap amid IMF bailout talks

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

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