- Facility aims to recapitalise banks affected by the Domestic Debt Exchange Programme
- Funding to be disbursed over five years to support financial sector resilience
Accra, Ghana – Ghana is in advanced discussions with the World Bank to secure $250 million in funding to recapitalise banks and financial institutions impacted by the Domestic Debt Exchange Programme (DDEP). The financial package, part of the Ghana Financial Stability Project, is designed to restore sector stability after the debt restructuring weakened the balance sheets of local banks.
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