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Aziz Amankwah Boateng

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    Tag: Eurobond

    Govt inches close to reaching deal with Eurobond holders

    Aziboat03 mins

    [ad_1] The government is nearing a deal with Eurobond holders regarding debt restructuring, following substantial progress made on the new terms for settling the $13 billion owed to creditors. This development comes after the International Monetary Fund (IMF) rejected the terms proposed, citing misalignment with its programme to achieve sustainable debt levels by 2028. Finance…

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    Ghana on track to win IMF approval for Eurobond revamp

    Aziboat05 mins

    [ad_1] Ghana’s plan to restructure $13 billion of Eurobond debt rejected last month by the International Monetary Fund is back on track, thanks to stronger-than-expected economic growth in the West African nation. The IMF informed Ghana in April that its proposal did not meet a key debt sustainability requirement. But 2023 growth was almost double…

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