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December 18, 2023
Ghana: Opt for a Lengthy Debt Repayment Plan With China - Prof. Peprah Advises Govt
Associate Finance Professor at Andrews University in Michigan, U.S.A, Williams Peprah, has advised the government to negotiate a lengthy repayment plan with China on its external… Read more »
November 13, 2023
Ghana: Saudi Fund Provides Over $580m Loans to African Countries
The Saudi Fund for Development (SFD) on Thursday signed over $580m development loan agreements with 12 African ministers to implement 14 new development projects in various parts… Read more »
August 23, 2023
Ghana: Domestic Debt Exchange Programme - Govt Pays Gh¢2.4 Billion to Bondholders - Finance Ministry
The Ministry of Finance (MoF) has paid GH¢2.4 billion for the settlement of bonds affected by the Domestic Debt Exchange Programme (DDEP). Read more »
July 12, 2023
Ghana: COVID-19 Free Water - Govt Owes Gh¢1.5 Million
The government is yet to settle a debt of approximately GH¢1.5 million owed to the Oyibi Area Water and Sanitation Scheme and the Kintampo Water Supply System for water… Read more »
July 04, 2023
Ghana: Be Careful of Rising Cost On Domestic Debt ...Fitch Warns Ghana
Rating agency, Fitch is warning Ghana of the rising interest cost on domestic debt despite securing an International Monetary Fund programme. Read more »
May 30, 2023
Ghana: I'll Reduce Ghana's Ballooning Debt With Proceeds From Agric ...Dr Owusu Afriyie Akoto Assures As He Picks Nomination Form
A former Minister of Food and Agriculture and a flagbearer aspirant of the New Patriotic Party (NPP), Dr Owusu Afriyie Akoto says he will use proceeds from agriculture to reduce… Read more »
May 20, 2023
Ghana: IMF Deal - Brace up for Tough Times Ahead - Minority
The Minority in Parliament has admonished Ghanaians to brace themselves up for difficult economic times ahead as Ghana reached an agreement with the International Monetary Fund… Read more »
May 22, 2023
Ghana: Can We Avoid Future IMF Credit?
At long last, the Executive Board of the International Monetary Fund (IMF) has approved the long-awaited $3-billion bailout being sought by Ghana to reset its economy to ease the… Read more »
May 19, 2023
Ghana: Ghana's Chronological Developmental Aspirations Up to the Present - and the Future Perspectives
The present ongoing developmental aspiration of Ghana is known as Ghana Beyond Aid Agenda. Read more »
May 13, 2023
Ghana: Paris Club Gives Green Light for U.S.$3 Billion IMF Programme - Finance Minister
The Paris Club yesterday agreed to establish the Official Creditor Committee (OCC) under the G20 Common Framework for Debt Treatments, to seek financing assurances from bilateral… Read more »
May 03, 2023
Ghana: Parliament Approves 7 Loan Agreements
Parliament has by a resolution at an emergency sitting of Parliament, in Accra, yesterday, approved seven loan agreements to finance government projects. Read more »
April 21, 2023
Ghana: World Bank to Advance U.S.$1 Billion to Ghana Under IMF Programme - Finance Minister
The World Bank is expected to advance almost $1 billion to Ghana if the country secures an International Monetary Fund (IMF) programme. Read more »
April 26, 2023
Ghana: IEA Proposes Imposition of Debt Ceiling of 60 Percent of GDP
The Institute of Economic Affairs (IEA) is proposing a strict oversight by Parliament over borrowing and debt accumulation as per Article 181 of the Constitution. Read more »
March 09, 2023
Ghana: We're Making Progress On External Debt Negotiations ...President Assures Nation
The government is making progress on the external debt negotiations for debt relief from the country's international creditors as part of the International Monetary Fund… Read more »
March 03, 2023
Ghana: Ghana Must Shed Off Its Debt Conundrum ...66 Years After Independence
When the government opted for the Highly Indebted Poor Country (HIPC) initiative in 2001 for debt forgiveness, the hopes of many of Ghanaians were that the country had been… Read more »
February 22, 2023
Ghana: Ghana to Engage China for Possible Debt Cancellation - Finance Minister
The Finance Minister, Ken Ofori Atta, has disclosed that talks are underway with China over Ghana's debt following a successful domestic debt exchange programme. Read more »
January 28, 2023
Ghana: Domestic Debt - Tech Committee Proposes Ways Govt Can Save Billions
A technical committee set by the government to address the concerns of Individual Bondholders Forum (IBF) has made over 20 proposals comprising expenditure cuts and revenue… Read more »
January 30, 2023
Ghana: Ex-President Mahama Advocates Reinstitution, Extension of Debt Service Initiative for Debt-Strapped Countries
Former President John Mahama has advocated the reinstitution and extension of the Debt Service Suspension Initiative (DSSI) to afford Ghana and other debt-strapped countries some… Read more »
January 24, 2023
Ghana: Pensioner Bondholder Forum Engages Former Presidents On Exemption From Domestic Debt Exchange Programme
The Pensioner Bondholder Forum has begun the process of engagements with Former President John Agyekum Kufuor and Former President John Dramani Mahama to seek their sympathy,… Read more »
January 18, 2023
Ghana: Make Debt Exchange Programme Acceptable
As it is the case everywhere in the world, the Ghana government has borrowed domestically in addition to international credits to run the economy and promised to pay interest after… Read more »
January 14, 2023
Ghana: Exemption From Debt Exchange Programme Not an Option ... Finance Ministry Tells Insurers
The hopes of members of the Ghana Insurance Association of being excluded from the Debt Exchange Programme will not materialise. Read more »
December 26, 2022
Ghana: Govt Extends Domestic Debt Exchange Programme to Jan 16, 2023
The government has extended the expiring date for it's Domestic Debt Exchange Programme (DDEP) to January 16, 2023. Read more »
December 19, 2022
Ghana: Debt Exchange Programme Extended to December Ending
The expiration date of the Debt Exchange Programme (DEP) has been extended to the end of December this year, the Ministry of Finance, has announced. Read more »
December 14, 2022
Ghana: Debt Exchange to Affect Domestic, Regional Banks - Fitch
International rating agency, Fitch, has warned of more rating downgrades of African banks in 2023 with Ghana's debt restructuring expected to affect both domestic and regional… Read more »
Ghana: Details of Debt Exchange Programme Will Be Laid Before Parliament ... Patrick Boamah Assures
The Vice Chair-man of Parlia-ment's Finance Committee, Patrick Yaw Boamah, has assured that details of govern-ment's debt exchange programme will be brought to Parliament for… Read more »
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