Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Ghana, bondholders reach agreement in principle to restructure USD13Bn debt

InternationalJun 23, 2024
Ghana, bondholders reach agreement in principle to restructure USD13Bn debt

It is learned that Ghana has reached an agreement in principle with its bondholders to restructure USD 13Bn worth of international debt. Bondholders will take a haircut on the principal of up to 37% and the maturity of the bonds lengthened.

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