Credit rating agency, Fitch has warned Ghana over the rising interest costs on its domestic debt, even after securing a programme with the International Monetary Fund (IMF).
Fitch’s assessment raises doubts about the country’s overall debt sustainability in the medium-term.
Interest...
A Banking Consultant says Ghana's quest for a Domestic Debt Exchange Programme (DDEP) must be well packaged to ensure that the vulnerable in society would not suffer.“Restructuring domestic debt is surgery. You only do it if you must, and...
A group of Ghanaian civil society organisations (CSOs) has called on international lenders to cancel Ghana’s debt to make it sustainable. The CSOs, in a statement copied to the Ghana News Agency, called for support for Ghana by the G20,...