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Debt exchange kicks off – Bonds replaced by 4 new ones, Interest payment deferred to 2024

The government has started a voluntary initiative that enables institutions that hold locally issued Ghanaian cedi bonds to postpone their interest payments in exchange...

Pensions Chamber rejects debt exchange programme

The Chamber of Corporate Trustees has rejected the debt exchange programme proposed by the Ministry of Finance. According to the chamber, the proposal put forth...

IMF fingerprints all over 2023 budget, debt exchange programme – John Kwakye

Dr. John Kwakye, Director of Research at the Institute of Economic Affairs (IEA), claims that the International Monetary Fund influenced the government's introduction of...

We will safeguard the solvency of financial institutions – Ofori-Atta

The government has declared that it will take all necessary steps to protect the financial institutions' solvency as they participate in Ghana's domestic debt...

Today in History: We have competent people managing the economy – Ofori-Atta

Ken Ofori-Atta, Ghana's finance minister, praised the country's economic leaders as capable and dedicated to meeting the needs of its citizens. The government, he declared,...

Here are the conditions that have to be met before Minority approves debt restructuring, budget estimates

The minority has threatened to disapprove the 2023 budget estimates, and debt restructuring until some five conditions are met by government. According to Haruna Iddrisu,...

Debt operation will further worsen plight of local private sector – Mahama

According to former president John Mahama, the government's proposed debt restructuring approach will have a greater detrimental impact on the private sector. Speaking to the...

Reduce E-Levy to 0.5% to meet your revenue target – MoMo Agents

The Mobile Money (MoMo) Agents Association of Ghana has called on the government to consider a further reduction of the E-Levy to between 0.1...

Debt Restructuring: Principal, interest will suffer haircuts – Former NPP MP explains

Former New Patriotic Party (NPP) member of parliament Mark Assibey-Yeboah explains why haircuts on principal and interest on domestic bonds that have been restructured...

Ghana has defaulted on its debts for the first since 1982 – IMANI Africa vice president

Bright Simons, the vice president of IMANI Africa, claimed that the government was simply defaulting on its financial obligations by engaging in the debt...

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