Government reopens debt exchange for GHC12.9 billion of local bonds
Government has announced the reopening of a debt exchange programme for holders of domestic bonds who did not participate in the deal that closed in...
Tag : Debt Exchange Programme (DDEP)
Govt writes off half of GH¢77.6 billion owed to Bank of Ghana
Ghana’s government has written off half of the 77.6 billion cedis ($7 billion) it owed to the central bank and replaced the remainder with a...
New DDEP for U.S dollar denominated domestic bonds rolled out by govt
The Ministry of Finance has announced the rollout of a new Domestic Debt Exchange Programme (DDEP) for US Dollar-denominated bonds to cover an estimated $809...
We won’t stop picketing until we’re paid – Pension bondholders tell Finance Ministry
Convener of the Pension Bondholders Forum, Dr Adu Anane Antwi says pensioners will not stop picketing at the Finance Ministry until their coupons are paid....
Ghana holds positive talks with AfDB for stability fund support
Ghana’s discussions with the African Development Bank (AfDB) for liquidity support into its Financial Stability Fund has been positive, Dr Mohammed Amin Adam, Minister of...
Ghana secures Paris Club financing assurance for $3bn IMF bailout
China and the Paris Club have agreed to provide the debt assurances required to aid Ghana’s request for a balance of payment support from the...
IMF optimistic Ghana’s creditors will reach agreement soon on debt restructuring
The International Monetary Fund (IMF) is optimistic Ghana’s external creditors, particularly the Paris Club will soon reach an agreement with the country on restructuring the...
Upbeat as Finance Minister points to positive talks with China over $1.7bn debt
Finance Minister, Ken Ofori-Atta says discussions with the Chinese government on the country’s debt restructuring programme have been positive....
Ghana must complete DDEP quickly to foster investor confidence
The Government has been advised to accelerate processes to complete the ongoing Domestic Debt Exchange Programme (DDEP) to ensure investors do not lose confidence in...
Gov’t urged to use fiscal, structural adjustment to ensure debt sustainability
The Government has been advised to use a three-thronged approach of fiscal and structural adjustment and debt restructuring to ensure debt sustainability in the shortest...