Ghana hopes to take a big step towards restructuring its $58bn-worth of debt this week, with its bilateral creditors meeting today to discuss whether to provide enough relief to unlock a $3bn IMF bailout. Ghana owes $5.5bn to foreign governments and their state banks. Ken Ofori-Atta, finance minister, said he …
Read More »Speaker summons Ken Ofori to brief the house over debt exchange programme
The Speaker of Parliament has directed the Finance Minister to urgently appear before Parliament to brief the house on the debt exchange programme government is undertaking as part of the IMF programme. Members of Parliament on the minority side are demanding the minister comes to the House to appraise them …
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