Ghana to restructure domestic debts; details reveled
IMF has confirmed that the government of Ghana has declared its intention to conduct a debt restructuring in 2023 prior to defaulting, unlike Sri Lanka. Ghana intends to secure USD 3 Bn over the next three years from IMF while moving for comprehensive debt restructuring.
Ghana’s total public debt as of October 2022 was USD 58 Bn up from USD 3
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