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.

Recent Business

Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
How Africa became the world’s mobile money powerhouse with $1.4 trillion transactions
Read More »
Frehiwot Tamru, CEO of Ethio telecom, and Gaetano Fasciana, Chief Technology Officer of Ascot Energy, during a strategic meeting in Addis Ababa. Photo @ Ethio Telecom.
Ethiopia turns to hybrid energy to power telecom expansion amid digital surge
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights