Ghana’s debt rises to GH¢761bn, Amin Adam blames Cedi depreciation
As of July 31, 2024, Ghana’s provisional nominal central government debt stood at GH¢761.1 billion, equivalent to US$51.1 billion, according ...
Read more
Tag: debt
Ghana official creditors to meet Monday to discuss debt restructuring terms
Ghana's official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country, ...
Read more
China increases Ghana’s confidence to secure IMF Board approval
Ghana’s projection to secure an Executive Board approval from the International Monetary Fund (IMF) for its $3 billion loan-support programme ...
Read more
Fitch downgrades Ghana’s creditworthiness to further junk status
International ratings agency, Fitch Ratings, has downgraded Ghana’s creditworthiness to further junk status.
Read more
Ghana’s debt stock hits GH¢575bn; debt to GDP ratio now 93.5%
Ghana’s total public debt stock has shot up to GH¢575.7 billion at the end of November 2022, according to new ...
Read more
Ghana’s balance of payments deficit worsens to $3.64 billion
Ghana’s balance of payments further deteriorated to a deficit of $3.64 billion in December from a $3.4 billion deficit the ...
Read more
African debt: how to break unequal relationships in financing deals
Africa needs an alternative approach to restructuring government debt.
Read more
Ghana downgraded again by Moody’s to further junk status
International ratings agency, Moody’s has downgraded Ghana’s ratings by two levels to Ca from Caa2 or further junk status, which ...
Read more
