Finance Chief Ken Ofori-Atta has expressed optimism about reaching a debt deal agreement with commercial creditors particularly the country’s Eurobond holders by the middle of March this year.
President Akufo-Addo has reiterated calls for effective private sector-led participation to ensure the success of the African Continental Free Trade Area.
President Akufo-Addo is confident that attracting private funding, particularly those that finance risky yet innovative endeavours, is essential to ensuring that Africa attains her development objectives.
President Akufo-Addo has called on the global investor community to recognize early, the fact that Africa is the new frontier for manufacturing, technology and food production.
President Akufo-Addo says after a turbulent start to the 2020s, African economies have since 2023, consolidated their recovery and demonstrated resilience and adaptability while navigating an uncertain global environment.
The International Monetary Fund (IMF) executive board is due to meet on Friday to consider the first review of Ghana's $3 billion rescue loan programme, a spokesperson said by email on Monday.
Ghana will reengage with its international bondholders from next week, finance minister Ken Ofori-Atta told Reuters on Monday, as the country seeks to build on the momentum of a deal last week to restructure $5.4 billion of official creditor debt.
SUSTINERI ATTORNEYS PRUC, a client-centric boutique law firm specializing in Corporate, Transactions, Tax, and Disputes has released its 4th Quarter edition of “the Ghana Fintech Report”.
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has welcomed the debt treatment agreement between Ghana and the Official Creditor Committee, saying, it is consistent with the objectives of the IMF-supported programme.
Ghana has reached an agreement with its Official Creditors under the G20 Common Framework, on a comprehensive Debt Treatment Beyond the Debt Service Suspension Initiative.
Ghana's official creditors have agreed to restructure debts that were extended to the country up until December 2022, two sources told Reuters, with Accra closing in on a key step required to advance its restructuring.
