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Author Archives: Mawuli Tsikata

BDCs debt payment plan with Govt in limbo?

Finance Minister, Mr. Seth Terkper

Fears of a likely collapse of a number of banks in the country have been reinforced following new revelations that government may not abide by the agreed payment plan to clear debts owed banks by Bulk Oil Distribution Companies (BDCs).   Government is currently indebted to about 17 Bulk Distribution Companies (BDC)s in excess of 500 million dollars.   Majority ...

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Ghana Business News