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.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Fatima Ezzahra El Mansouri, Morocco’s first woman prime minister. Photo @Fatima Ezzahra El Mansouri/Facebook
Fatima El Mansouri: Morocco’s first woman premier inherits World Cup pressures
Read More »
Aliko Dangote, Africa's richest businessman. Photo @ Africa CEO Forum
What threatens Dangote’s $16bn Kenya refinery bet? Lamu land risk
Read More »
Dakar, Senegal © Unsplash
Senegal's debt trap tightens as restructuring deadline nears
Read More »

Latest Posts

Latest news insights