Tag: Paris Club

Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, is advocating for an improvement in the G20 Common Framework to speed up discussions on debt negotiations and cancellation for ...

The Deputy Minister of Finance and Member of Parliament for Ejisu in the Ashanti Region, Lawyer Dr John Ampontuah Kumah, has revealed significant progress in the country's fiscal prudence and ...

According to Professor John Gatsi, the Government of Ghana cannot employ the same strategy used with domestic bondholders to gain approval from external creditors for its debt restructuring. The government ...

The African Development Bank (AfDB) has projected that the total external debt of Africa will hit $1.13 trillion by 2023, from $1.1 trillion projected in 2022. Akinwumi Adesina, the President, ...

The International Monetary Fund (IMF)'s acceptance of a $ 3 billion bailout for Ghana, according to former Finance Minister, Seth Terkper, will have a significant impact on the incoming administration. ...

Richard Ahiagbah, the New Patriotic Party's (NPP) Director of Communications, has urged Ghanaians to help the NPP government revive the economy. He claims that the government is rebuilding the economy ...

A statement from the Paris Club indicated that Ghana has gained the support of Paris Club, in addition to China in the country’s request for support from the International Monetary ...

Development Economist at the University for Development Studies (UDS), Dr Michael Ayamga, has expressed chagrin over Ghana's decision to engage China on debt forgiveness, insisting that government should not have ...

The World Bank’s latest April 2023 Africa Pulse Report has highlighted the dire state of Ghana’s debt crisis. Contrary to the government’s claims of reaching an agreement with its creditors, ...

The Finance Minister of Ghana, Mr. Ken Ofori Atta, has embarked on a crucial trip to China to negotiate debt restructuring with officials of the country.  The Finance Minister, who ...