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Debt exchange: DDEP has been successfully completed; ¢61bn savings made – Ofori-Atta

Updating investors in London about Ghana’s debt exchange programme, Mr. Ofori-Atta said the success of the Comprehensive Domestic Debt Exchange Programme illustrates the commitment of the Ghanaian people to contribute to the Government’s effort to restore debt sustainability.

World Bank declares $300 million in budget support for Ghana in December

World Bank sets $300m in budget support to Ghana in December

BoG commences development of framework to assess sustainability of banks – Governor

Speaking at the 40th Annual General Meeting of the Ghana Association of Banks, the Governor of the Bank of Ghana, Dr. Ernest Addison, said his outfit is focused on assessing the implications of banks’ strategic decisions and its alignment with their risk appetites, following the adverse impact of the Domestic Debt Exchange Programme.

We expect banks to rebuild capital buffers quickly - BoG

Speaking at the 40th Annual General Meeting of the Ghana Association of Banks (GAB), the Governor of the Bank of Ghana, Dr. Ernest Addison, assured that early operationalisation of the Ghana Financial Stability Fund should help provide additional recapitalisation support for eligible banks in line with the criteria and governance framework agreed with the International Monetary Fund and the World Bank.

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