Tag: Debt

Dr Ernest Addison, Governor, Bank of Ghana (BoG), has pushed for a fast-track debt restructuring for vulnerable Group of Twenty (G20) members, including Ghana, Ethiopia, and Malawi. 

Ghana has made progress with its debt burden, says, Mr Ajay Banga, President, World Bank Group (WBG).

Mr Hanan Abdul-Wahab, the Chief Executive Officer of the National Food Buffer Stock Company, says the Government has paid 85 per cent of the arrears owed food suppliers.

Dr Cassiel Ato Baah Forson, the Minority Leader has said that the Government's Debt Restructuring Programme, has impoverished Ghanaians - the rich, the middle class and to a larger extent, ...

The Minister of Finance, Mr.  Ken Ofori-Atta says the government is engaging the Independent Power Producers on debt relief for the energy sector.  

The Ghana Cocoa Board (COCOBOD) has launched a voluntary debt securities exchange programme aimed at optimising the funding structure of Ghana’s cocoa sector regulator.

Dr. Theo Acheampong, a Political and Economic Risk Analyst, says the real causes of Ghana’s increasing indebtedness in the energy sector are distribution losses and poor tariff management, not excess ...

The Government says it is hopeful of completing Ghana’s outstanding debt restructuring by September 2023 for a fruitful implementation of the US$3 billion International Monetary Fund (IMF) loan-support programme.

The African Development Bank (AfDB) has advised Ghana not to be heavily dependent on loans for its long-term national development.  

Dr Ngozi Okonjo-Iweala, the Director General of the World Trade Organisation (WTO), says Ghana’s debt structuring should be a “sad lesson” for African countries to build fiscal buffers during economic ...