Ghana in Talks to Restructure $2.7 Billion of Commercial Loans
Ghana is negotiating with 60 international banks to rework $2.7 billion in loans, Minister of Finance Cassiel Ato Forson said ...
Ghana signs official creditor memorandum, formalising debt restructuring
Ghana has signed a memorandum of understanding with its official creditors that formalises a debt restructuring agreed last ...
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Ghana’s IMF dependency A 66-year dance with economic bailouts
SINCE Ghana joined the International Monetary Fund in September 1957, the country has spent more of its post-independence ...
Ghana in discussions with 60 international banks to restructure $2.7 billion in commerical loans
The Government of Ghana is actively negotiating with 60 international banks to restructure $2.7 billion in commercial loans, ...
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Ghana saves $2.86bn in debt service relief as it secures final MoU with Official Creditors
According to the International Monetary Fund’s December 2024 report, Ghana is set to benefit from a substantial debt servicing relief of approximately $2.86 billion. Of this amount, an estimated $657 ...
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IMF talks loom — As Ghana misses inflation target
In response to a question from the Graphic Business at the Monetary Policy Committee press conference in Accra yesterday, Bank of Ghana Governor, Dr Ernest Addison, acknowledged that the 23.8% ...
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IMF team to help shape Ghana's 2025 budget in February
Minister of Finance, Dr Cassiel Ato Forson, has stated that a team from the International Monetary Fund (IMF) will be in ...
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Ghana drops to 5th position in Africa with highest outstanding debt to IMF
The country’s total indebtedness to the IMF stood at 2.514 billion Special Drawing Rights, equivalent to $3.293 billion.
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National Economic Dialogue key to positioning Ghana’s economy beyond debt and IMF bailouts – Dr. John Kwakye
Dr . John Kwakye has welcomed the decision of President John Dramani Mahama to convene a National Economic Dialogue .
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Ghana central bank holds policy rate for second meeting in a row
Ghana's central bank kept its main interest rate at 27.00% for the second meeting in a row on Monday, after inflation rose ...
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Ghana Secures Final MoU With Official Creditors • Saves $2.86bn In Debt Relief Service
Finance Minister The government has made a significant progress towards restoring long-term debt sustainability by ...