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Economy
IMF tells external creditors to support Ghana
Government says it is confident of getting financing assurances from its external creditors in a short time to secure a Management Board approval from the International Monetary Fund…
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China expresses interest in resolving Ghana’s debt issues
China’s Foreign Ministry Spokesperson Wang Wenbin has stated that China attaches great importance to resolving Ghana’s debt issues and understands the difficulties facing the country at…
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3 hurdles to clear this week for IMF board to approve $3bn bailout
For the Board of the International Monetary Fund (IMF) to approve Ghana’s $3 billion bailout at the end of this month, Ghana needs to achieve three critical milestones this week.…
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Dr Akoto: With right investment in agric, Ghana will not need IMF
An aspiring flagbearer of the New Patriotic Party (NPP) for the 2024 election, Dr Owusu Afriyie Akoto, who until recently was Ghana’s Food and Agriculture Minister, has said that his…
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SONA 2023: Loans invested wisely to improve quality of life
President Nana Akufo-Addo has rejected accusations of reckless borrowing and expenditure over the past six years.
Social amenities and infrastructure
According to him, the…
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DDEP yields GH₵82.9bn, others want similar exchange
The Ministry of Finance has announced that approximately 85% of bondholders participated in the Domestic Debt Exchange Programme (DDEP) yielding GH₵82.9 billion (GH₵82,994,510,128).…
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Parliament summons Ofori-Atta to brief the house on DDEP
Speaker of Parliament Alban BagbIn has directed the Business Committee of Parliament to summon Finance Minister Ken Ofori-Atta to brief the House on the government’s Domestic Debt…
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Ofori-Atta: Join DDEP to avoid further strain on economy
Finance Minister Ken Ofori-Atta has cautioned that non-participation or a lower-than-expected turnout for the Domestic Debt Exchange Programme (DDEP) will prolong efforts to resolve the…
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Ghana seeks Germany’s help to get China to back debt operation
President Nana Addo Dankwa Akufo-Addo has urged Germany to “encourage” China, an ad hoc member of the Paris Club, to support Ghana’s debt restructuring efforts.
He said with it was…
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Financial data: Public debt hits GH₵575.7bn in November 2022
Ghana's total public debt stock rose to GH₵575.7 billion at the end of November 2022, financial data shows.
This represents about 93.5% of Gross Domestic Product (GDP).
According…
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