Debt restructuring in Ghana: the government announces the failure of an agreement : Orishas-finance

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Debt restructuring in Ghana: the government announces the failure of an agreement

16/04/2024

Source : ORISHAS-FINANCE

Categories: Economy/Forex

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Debt restructuring in Ghana: the government announces the failure of an agreement

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Le gouvernement ghanéen a annoncé lundi 15 avril 2024 qu' un accord de debt restructuring failed. A hard blow for Ghana, which has been in default of payments since 2022.

Ghana was looking to get rid of thirteen billion dollars. Le pays For two years, it has been struggling to manage its external debt, despite borrowing 3 billion dollars from the IMF in May 2023. A program is divided into several installments. The bank's situation has been repeated since 2022, a black year, during which Ghana saw the value of its currency drop drastically, and inflation exceeded 50%

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