Le Ghana cherche a demandé debt relief through the G20 Common Framework program. In this way, he seeks to obtain assurance that negotiations can be expedited before continuing.

Ghana secured a $3 billion deal with the International Monetary Fund (IMF) in mid-December. The West African country needs to restructure its debt to obtain final approval allowing it to access IMF funds. Ghana launched a domestic debt swap and then declared that it would default on nearly all of its $28.4 billion in external debts in December. The Common Framework, designed to allow for rapid debt rescheduling, has been widely criticized for its glacial progress.

According to the Institute of International Finance, Ghana's public debt stood at 467.4 billion cedis ($47.7 billion) in September 2022, including around $4 billion in bilateral debt. Of this amount, $1.9 billion was held by the Paris Club countries and $1.7 billion by China.