Tag: Debt
Business
How Ghana accumulated GHS742b national debt – What the data shows
The Minister of Finance, Dr. Mohammed Amin Adam, during the presentation of the 2024 Mid-Year Budget Review statement in Parliament, announced that Ghana's national...
Business
Every citizen owes GHS19k due to external debt – Mahama explains
Nearly eight years after transferring power to the ruling New Patriotic Party (NPP), John Mahama claims that Ghana’s external debt has increased fourfold.The National...
Business
Next gov’t will have to begin another debt restructuring – CSJ
A finance expert and fellow of the finance pillar at the Centre for Social Justice (CSJ), Haruna Alhassan, has advised the future government of...
Business
Ghana sees another ‘breakthrough’ in its international debt treatment
The Ministry of Finance has announced that Ghana’s debt treatment with Eurobond holders adheres to the Comparability of Treatment principle, as confirmed by the...
News
The next administration will be saddled with a significant debt burden – Seth Terkper
Former Finance Minister Seth Terkper has raised a red flag over the substantial debt burden that awaits Ghana’s next government in 2024.During a...
Business
Establish debt limits, borrow prudently – Prof. Peter Quartey to govt
Executive Director of the Institute for Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, underscored the importance for the government to set a...
Business
Eurobond holders agree to restructure Ghana’s $13bn international debt
Ghana is on the verge of finalizing an agreement in principle with its Eurobond holders for the restructuring of $13 billion worth of international...
Business
Debt relief agreement opens door for essential infrastructure investment
The government has obtained debt service relief, which will unlock resources for essential infrastructure projects.At a press briefing, Minister of Finance Dr. Mohammed Amin...
Business
Govt secures historic debt accord with Official Creditors Committee
The government has reached a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC) concerning the debt resolution terms agreed upon in January...
Business
Ghana sees debt service relief after agreement with Official Creditors Committee
The Government of Ghana has reached an agreement on a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC) in its debt restructuring...