Ghana’s Finance Minister celebrates the successful conclusion of major debt restructuring, marking a significant step toward economic stability.
Tag:
Ghana Debt Restructuring
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Ghana’s negotiations to restructure $13 billion in international bonds falter as IMF deems proposed terms inadequate for long-term debt sustainability.
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The Ghanaian cedi has depreciated 8.63% against the US dollar since January 2024, spotlighting economic hurdles amid ongoing debt restructuring discussions.
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In a pivotal meeting set for Monday, Ghana’s official creditors, including key players from China and France, will convene to deliberate on the restructuring of approximately $5.4 billion in loans.…