Tag: external debt
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IMF hopeful Ghana will soon reach agreement with Official Credit Committee
The International Monetary Fund (IMF) expects Ghana to quickly reach an agreement with the Official Credit Committee over its external debt restructuring. Julie Kozack, IMF’s Director of Communications at a press conference in Washington DC said once Ghana has finalised the debt exchange on the local front, it is important for the country to conclude…
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Growing external debt component is cause for concern – Prof. Quartey
Director of Economics at the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey has cautioned that the cedi is at risk of depreciation due to the rising external component of Ghana’s public debt. Out of the total GHS200 million debt figure as at May this year, the external component reached GHS105.4 billion…