Search

Ghana Finalises Key Phase of Debt Restructuring with Official Creditors

Breaking News
© Allen Dreyfus
  • Ghana secures Memorandum of Understanding (MoU) with all 25 creditor nations
  • Debt service relief of US$2.8 billion granted for 2023-2026 under IMF program

Accra, Ghana – Ghana has successfully signed a Memorandum of Understanding (MoU) with all 25 participating creditor countries, marking a significant step in the country’s debt restructuring process. The agreement, formalised with the Official Creditors Committee, is a crucial milestone in Ghana’s efforts to restore debt sustainability under the International Monetary Fund (IMF) program.

You need an active subscription to continue reading this article.

Recent Business

© Unsplash
Is the U.S. betting on remittances to replace aid in Africa?
Read More »
Nigeria: environmental pollution by burning off gas from the oil production in the Niger delta Ogoniland
West Africa moves to set own fuel prices
Read More »
Namibia Photo by Justice Hubane © Unsplash
Namibia eyes $250 million green investment push
Read More »

Recent Politics

Alamy Live News
Kenya’s opposition ODM fractures over Raila-Ruto alliance
Read More »
ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Ghana’s opposition petitions president over electoral chaos, illegal mining
Read More »
emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
Read More »

Latest Posts

Latest news insights