Tag Archives: #Debt Restructuring

The International Monetary Fund (IMF) says despite reaching a staff-level agreement with the government for a $3-billion extended credit facility, approval will be done by its Management and Executive Board. The Mission Chief for Ghana, Stéphane Roudet, says the agreement, to span three years, is also subject to the receipt …

The trades union congress has given government one week to exempt the use of pension funds from the debt restructuring strategy or risk their anger in the coming days. At a news conference in Accra the TUC secretary general Dr Yaw Baah said the TUC and its 18 affiliate unions …

Government’s request that private pensions forfeit some interest payments on government bonds to help it restructure debt appears not to sit well with some pensioners. The move, which is to qualify the country for a 3-billion-dollar support from International Monetary Fund, has been subjected to public scrutiny. Government launched a …