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Ghana official creditors to meet Monday to discuss debt restructuring terms - Stock Market Latest

Business & Finance

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

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