Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

What Ghana offer to attract Voluntary Participation for Debt Restructuring

InternationalApr 26, 2023
What Ghana offer to attract Voluntary Participation for Debt Restructuring
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Ghana achieves a participation rate of over 80% in its domestic debt exchange. The exchange formally known as DDEP, which was launched in December, closed on 10th February after the fifth extension to the deadline. Completing the exchange brings IMF programme approval a step closer.

Fitch upgraded Ghana's long-term local-currency issuer default rating to 'CCC' from 'restricted default', after the country started settling payments on outstanding local bonds following a domestic debt restructuring.

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