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9 banks could become insolvent due to domestic debt exchange – Report

If the International Financial Reporting Standard (IFRS) nine is applied in a stricter sense, nine Ghanaian banks could be insolvent from the impact of...

9 banks may go bankrupt as result of domestic debt exchange – Report

The impact of the Domestic Debt Exchange Plan on the operations of nine Ghanaian banks could render them insolvent if the International Financial Reporting...

Government to pay outstanding bond payments in two days

The government says it will pay outstanding coupons and principal on bonds that matured on February 6 and 13, 2023 in two days. The government...

Government will pay back unpaid bond payments in two days – Finance Ministry

The government has announced that it will settle the outstanding principal and coupon on the bonds that were due on February 6 and 13,...

Ghana’s economy in danger due to DDEP issues – Joe Jackson

The Domestic Debt Exchange Programme (DDEP), which has undergone recent improvements, may present certain problems to Ghana's economy, according to Mr. Joe Jackson, Director...

The Ghana Cedi is devalued due to Akufo-Addo’s poor management – Prof. Hanke

The Ghana Cedi has been branded a junk currency by a professor of applied economics at the John Hopkins University in the United States. According...

AGI worries about DDEP preventing access to funds

The Association of Ghana Industry (AGI) has expressed fears that financial institutions may not have enough liquidity to give them loans for their business...

You ought to have stepped down long ago – Minority to Ofori-Atta

The Minority in Parliament is again demanding that the Finance Minister, Ken-Ofori Atta resigns or be sacked from his post. The group contends that the...

Government is dedicated to helping banks finance economic recovery – Ofori-Atta

Finance Minister, Ken Ofori-Atta, has reiterated the government’s commitment to protect and support banks operating in the country to aid the economic recovery effort. “We...

DDEP: We no more have to picket – Pensioner Bondholders

Members of the Pensioner Bondholders Forum, have expressed satisfaction with the announcement of the exemption from government’s domestic debt exchange program. “I’m happy this is...

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