WebMar 24, 2024 · The West has repeatedly criticised China for delaying developing country debt restructurings, which it disputes. As of September 2024, Ghana’s external debt was held by the following groups ... Ghana's public debt was 467.4 billion cedis ($37.4 billion) in September, of which 42% was domestic debt, according to the most recent central bank figures released last month. It is now more than 100% of GDP, Ofori-Atta said on Monday, as he announced some of the plans the government hopes will bring … See more Inflation in Ghana has soared in 2024 to a 21-year peak of 40.4% annually in October. Several steep interest rate hikes - the most recent by … See more Commercial banks held a third of the domestic debt of Ghana and its state-owned enterprises at the end of September, according to the country's Central Securities Depository. Other major holders include … See more Ghana's government sought help from the IMFin July, going back on its pledge to never to do so. Ofori-Atta said it was looking at a three … See more Ofori-Atta on Monday announced a plan to exchange the country's local bonds worth about 137.3 billion Ghana cedis ($10.5 billion) by Dec. 19. More than 60 local bonds maturing between 2024 and 2039 will be exchanged for … See more
Debt Restructuring: Banks plan for $427m losses - Business World Ghana
WebThe country’s Eurobond portfolio is thus where a lot of the emphasis shall be placed in any external debt restructuring. Ghana had about $13.1 billion of Eurobonds outstanding at face value at the end of 2024. By the end of this quarter, it … Web1 day ago · The March 2024 Bank of Ghana’s Economic and Financial Data report showed that Ghana’s Total Debt Stock ending November 2024 stood at ¢575 billion, … phenylhydrazine hydrochloride synonyms
Yellen to push for ‘speedy’ action on Zambia, Ghana debt relief
WebDec 12, 2024 · December 12, 2024 IMF staff and the Ghanaian authorities have reached staff-level agreement on economic policies and reforms to be supported by a new three-year arrangement under the Extended Credit Facility (ECF) of about US$3 billion. WebApr 11, 2024 · 11 Apr 2024. United States Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts, and moves to ... WebApr 10, 2024 · U.S. Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts, and moves to conclude a debt treatment ... phenylhydrazine hydrochloride cas