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

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  • 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.

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