“It’s important we have a plan to consolidate all our Eurobonds and all our external debt into what we call a consolidated loan facility or consolidated Eurobond; restructure them and have existing subscribers sign onto it with different terms”.
“As we continue to borrow and now that we are borrowing more from the money market - treasury bills etc. - we are piling up debt and we should be careful not to breach the debt sustainability threshold again. Because that has had severe implications on the economy and we need to guard against this”, he explained.
“The $5.4 billion that we want, whatever cut-off point that is being approved, we should be able to convince these external creditors that the $5.4 billion is what will help our economy and help us to complete our restructuring programme”, he explained
“CSR is important because a lot of Ghana’s downgrades came out from a lack of ESG standards and CSR can play a big part helping with that. So I will advise that businesses find a way to incorporate CSR into their activities”.