Business & Finance
05 January 2024, 2:28 am 1 minute
Reuters exclusively reported that Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country, a key step needed to secure its next tranche of funding from the International Monetary Fund.
Market Impact
Ghana, where a deep economic crisis has seen inflation and the government’s debt servicing costs spiral, asked a year ago for a bilateral debt restructuring under the Common Framework, a process set up during the COVID-19 pandemic by the G20 leading economies.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & FinanceFinancial Services
Regions: Africa
Countries: Ghana
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story