Developing countries paid record $443.5 billion on public…
Amid the biggest surge in global interest rates in four decades, developing countries spent a record $443.5 billion…
Browsing Tag
debt
Central Bank mobilizes GHS 1.43bn from short-term debt…
The Bank of Ghana (BoG) has successfully garnered a substantial GHS 1.43 billion through the issuance of its own…
The world’s poorest countries buckle under US$3.5 trillion…
At Manhattan’s luxe Pierre hotel on a late September morning, Adebayo Olawale Edun, the finance minister of…
Ghana: IMF forecasts growth in debt to 81.5% of GDP in 2024
The IMF has projected marginal growth in Ghana’s debt stock as a percentage of GDP by the end of 2024.
According…
Ethiopia is about to become Africa’s next debt defaulter
Ethiopia looks set to miss an interest payment due later on Monday on its December 2024 dollar bond, becoming the…
Central Bank borrows GHS 1.3bn from domestic debt market
The Central Bank on Wednesday raised GHS 1,338 million through the issuance of its bills known as the Bank of Ghana…
ECG settles $30M of $60M debt with Sunon Asogli
The Electricity Company of Ghana (ECG) has made a significant payment of $30 million to Sunon Asogli Power Limited,…
Ghana positioned 7th among 10 African countries most…
Ghana, per data on the IMF’s official website as at December 6, 2023, was ranked the seventh (7th) African country…
One Year On: Lessons from Ghana’s Domestic Debt Exchange and…
Introduction
By the end of the 3rd Quarter of 2021, Ghana’s fiscal vulnerability had been evident to the market,…
Zimbabwe uses platinum to pay back $400 million Afrexim Bank…
Zimbabwe is using the proceeds of its platinum exports to settle a $400 million loan from the African Export-Import…
Prof Gatsi expresses cautious optimism on clinching debt…
Prof Gatsi expresses cautions optimism on clinching debt deal with external creditors by end of next week…