Eurobonds: How Ghana borrowed $11 billion in four years
[ad_1] Following its exit from the Heavily Indebted Poor Countries (HIPC) initiative, Ghana has consistently sought external commercial loans from the Eurobond market, typically securing funds at interest rates ranging from 6% to 11%. Each fiscal year, the country requires between $1 billion to $3 billion to support its budget and address Balance of Payment…
