S&P upgrades Ghana’s Credit Rating from ‘SD’ to ‘CCC+’
S&P Global Ratings has raised Ghana’s foreign currency issuer credit rating from ‘SD’ (Selective Default) to ‘CCC+. The upgrade is ...
Tag: Debt restructuring
Ghana races to meet next IMF review as government outlines economic fixes
Finance Minister, Dr. Cassiel Ato Forson, has assured that government is taking decisive steps to meet its next International Monetary ...
IPPs debt restructuring: Gov’t fulfills obligations but parliamentary impasse slows progress
Government has disclosed that the ongoing parliamentary impasse is impacting the progress of debt restructuring agreements with several Independent Power ...
Ghana to face persistent liquidity pressures in 2025, 2026 – Fitch warns
Fitch Ratings Agency has predicted that Ghana will face significant liquidity pressures going into 2025 and 2026, despite restructuring most ...
$13bn Eurobond restructuring: Pensioner investors demand exemption over ‘harsh terms’
Pensioner Eurobond holders in Ghana are demanding exemption from the recently completed $13 billion Eurobond debt restructuring by the government. ...
Ghana’s GDP shows economy is fast recovering despite DDEP – Finance Ministry
The Ministry of Finance (MoF) says the country's Gross Domestic Product (GDP) indicates a rapid economic recovery despite global challenges ...
Debt restructuring: No deal has been reached with government – IPPs
The Independent Power Generators Ghana has described as misleading the government’s announcement that it has reached an agreement with the ...
Economist urges Ghana to leverage debt restructuring gains to prevent future financial instability
With Ghana's successful negotiation of critical debt restructuring agreements with official creditors and a substantial portion of its Eurobond holders, ...
Govt secures landmark agreement with official creditor committee
The government has successfully reached a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC) regarding the debt treatment ...
Ghana on track to win IMF approval for Eurobond revamp
Ghana’s plan to restructure $13 billion of Eurobond debt rejected last month by the International Monetary Fund is back on ...
Top banks in Ghana post first loss as nation restructures debt
Ghana’s move to restructure its local-currency and overseas debt has resulted in the first loss on record for two of ...
Govt proposes new debt restructuring offer; requests participation of pension funds
The Minister of Finance, Ken Ofori-Atta has urged the Board of Trustees of pensions funds to allow for pension funds ...
Minority MPs file private members’ motion to pass resolution on DDEP
The Minority in Parliament has filed a private members' motion for a resolution on the Domestic Debt Exchange Programme (DDEP). ...
Encourage China to support Ghana’s debt restructuring – Akufo-Addo to Germany
President Nana Addo Dankwa Akufo-Addo on Friday urged Germany to “encourage” China, an ad hoc member of the Paris Club, ...
Gov’t beginning to grasp complexities, challenges of economy – Bright Simons
Vice President of Imani Africa, Bright Simons says some measures taken by the government in the past weeks show it ...
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