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Debt restructuring: Ghana reaches an agreement with its official creditors

17/01/2024
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The Ghanaian Ministry of Finance announced on Friday, January 12, 2024, that the country has reached an agreement on the restructuring of 5.4 billion dollars in debts with its official creditors. The agreement was reached after several months of negotiations and paves the way for the disbursement by the IMF of a second loan installment of 600 million in favor of the West African country

.

L'accord conclu par le Ghana lui permettra de bénéficier de décaissements supplémentaires dans le cadre d' un programme d' aide de 3 milliards de dollars approuvé par le Moné fund Taire International (IMF) . According to the Ghanaian Ministry of Finance, the agreement reached with official creditors “will support ongoing commitments with bondholders and other commercial creditors

.”
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