Friday, November 22, 2024

DEBT

Fitch warns of rising interest costs on domestic debt

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...

Domestic Debt Exchange: Vulnerable must not suffer, says Consultant

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...

Ghanaian civil society  organisations call on private lenders to cancel external debt 

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,...
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“Ghanaians make up a notable portion of US visa overstayers.”

Ghana has emerged as one of the African countries with high visa overstay rates in the United States, according...
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