Search

Ghana’s Finance Ministry Eyes March Deadline for Debt Restructuring Amid Leadership Shift

Allen dreyfus Logo
© Allen Dreyfus
  • Ghana remains on track to secure a debt restructuring agreement by March 2024, despite a change in finance ministry leadership.
  • Key agreements include protections for new bonds and plans for accrued interests, setting the stage for economic recovery under new leadership.

 

Despite recent changes at the helm of Ghana’s finance ministry, the country is on track to finalize a debt restructuring agreement with commercial creditors by the end of March 2024. A ministry insider disclosed yesterday that progress continues in the debt talks, and the appointment of Dr. Amin Adam as successor to Ken Ofori-Atta is not expected to disrupt the planned timelines.

You need an active subscription to continue reading this article.

Recent Business

Open pit quarry. Photo @ Unsplash
Why Africa must set the rules in the U.S.–China minerals race
Read More »
Prime Minister Abiy Ahmed inaugurated the dam. Photo by Office of the Prime Minister - Ethiopia
Can Ethiopia’s economic reform momentum survive its debt crisis?
Read More »
Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Nigeria’s oil output plunges 3% to 1.58mn bpd as strikes hit production
Read More »

Recent Politics

Meknes, Morocco Photo @ Unsplash
Morocco’s Gen Z protests reignite nationwide for reform
Read More »
Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death unites Kenya in grief as tributes pour in
Read More »
Former Ghana Vice President Dr Mahamudu Bawumia Photo courtesy of Campaign Office of Bawumia/Facebook
Will Bawumia’s lead survive Ghana’s opposition NPP primaries?
Read More »

Latest Posts

Latest news insights