The Economist: Kenya Will Not Default on the Eurobond nairobiwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairobiwire.com Daily Mail and Mail on Sunday newspapers.
The Economist Intelligence Unit is advising the Government of Ghana to go into negotiations with private creditors or Eurobond holders with tact since the
“Countries with a more complex creditor profile like Ghana and Zambia, they've had setbacks in pretty much every stage of the restructuring and it doesn't seem like any of the country would be able to conclude talks before mid-year. Our new concern here is the optics, the oldest delays sent to other sovereigns with high-risk effects. Perhaps you need to conceal the impending default rather than pursuing early debt treatment”.
Negotiate with private creditors with tact; they would demand complex debt restructuring – EIU to government – ghanamma.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanamma.com Daily Mail and Mail on Sunday newspapers.