Inflation ( CCPI)61% (Nov)
GDP-8.4% (2Q 2022)
Unemployment4.3% (1Q 2022)
3M T-Bill Rate32.91%
12M T-Bill Rate29.33%
5Y T-Bond Rate29.57%
10Y T-Bond Rate30%
USD/LKR360/363
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Reserves $1.80Bn (Nov 2022)
Cum. Trade Deficit $4,387Mn (Oct 2022)
Cum. Fiscal DeficitLKR 1,113Bn (Aug 2022)

International

FeaturedDec 5, 2022

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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