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Government secures GHS83 billion in DDE programme

The Government says a total of GHS82.99 billion in principal was tendered and accepted at the close of the Domestic Debt Exchange Programme (DDEP) on Friday, February 2023. The approximately, GHS83 billion, it said was a substantial majority of the bonds that eligible holders had tendered and would support the…

Government will honour all maturing bonds – Minister

The Government has assured all bondholders, including pensioners, that it will honour all coupon payments and maturing principals when due as more than 80 per cent bondholders participated in its $137 billion Domestic Debt Exchange Programme (DDEP). The assurance comes amid recent fears by individual bondholders who had called for…

Creditors assurances critical to securing $3bn IMF loan programme

Ghana needs assurances from its creditors and partners that it will meet its debt obligations to secure the approval of the Management and Executive Board of the International Monetary Fund (IMF) for the $3 billion loan-support programme. Mr Stéphane Roudet, the IMF Mission Chief for Ghana, said this at a…

IMF Identifies Specific Policies That Would Restore Ghana s Macroeconomic Stability

Policies to restore Ghana’s macroeconomic stability identified The International Monetary Fund (IMF) says good progress has been made in identifying specific policies that will restore macroeconomic stability and lay the foundation for stronger and more inclusive growth. IMF negotiations team lead Stéphane Roudet revealed this in a statement posted on the IMF…

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