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    Deadline for debt exchange program moved to February 7 with new terms

    Government finally makes progress on Debt Exchange Program

    Policy Rate increased by 100 basis points; now at 28%

    Africa loses $88bn annually through illicit financial flows – Akufo-Addo

    AMA to roll out digital revenue collection system in March 2023

    We will not layoff Vodafone staff – Telecel

    Petrol to sell for GHS15 in February – IES

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Ghana’s public debt stock hits ¢575.7bn in November 2022; more than 90% of GDP – BoG

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    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

    Banks seek shorter maturities in local debt-swap deal

    Zenith Bank ceases trustee services in unit trust schemes in Ghana

    Gold for oil policy will reduce pressure on forex – Bawumia

    Ghana best place for business – Nana Addo woos UAE investors

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    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

    E-commerce in Ghana – statistics & facts

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    Malagasy delegation completes tour of Ghanaian Fintechs and MFIs

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    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

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    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

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Technical committee formed to ensure continuous engagement on debt programme

January 18, 2023
in Local Economy, Top Stories
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The Minister of Finance, Ken Ofori-Atta says a technical committee will be formed to ensure continuous engagement with all stakeholders involved in the domestic debt exchange programme.

He made the announcement after meeting leaders of individual bondholder groups and other stakeholders at the Finance Ministry on Wednesday, January 18, 2023.

The meeting between the Minister and the groups was expected to help iron out issues surrounding the debt exchange programme.

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The deadline for signing up for the programme has been fiercely resisted and has been postponed by the government several times.

Addressing the media after the meeting, Mr Ofori-Atta intimated that his outfit will form the committee to ensure there is continuous interaction between stakeholders, the Finance Ministry and the government at large.

“The engagement will be continued to make sure that we all understand where we are and what we have to do to go forward and as we indicated, get on a common path as we mentioned.

“A technical committee will be set up and will consist of two members from the individual bondholders’ forum, and we will have our first meeting on January 19, 2023.”

Mr Ofori-Atta stressed the urgency to have the programme implemented to mediate the economic distress of the country.

“The urgency is important, and we must signal to the country that we can indeed circle the wagons and work within our limitations to ensure that we all come out of this successfully,” he added.

Meanwhile, the leaders of the bondholders present at the meeting welcomed the formation of the technical committee.

Source: Kabah Atawoge / citinewsroom.com
Tags: DDEP
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