Fitch keeps Ghana’s foreign currency rating at ‘Restricted Default’ post debt restructuring
Fitch Ratings has affirmed Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at Restricted Default (RD)
Tag: debt restructuring
Ghana reaches agreement with Eurobond holders on US$13bn debt restructuring
Ghana has reached an agreement in principle with its Eurobond holders regarding the restructuring of some US$13 billion debt to ...
Ghana begins second round of debt restructuring talks with bondholders
Ghana has commenced the second round of talks on its $13 billion external debt restructuring programme with bondholders
Sluggish debt restructuring for Ghana, Zambia prompts US, China exploration of new debt relief options to avoid wave of emerging-market defaults
The US and China are discussing new measures to prevent a wave of emerging market sovereign defaults, according to people ...
Ghana remains in debt distress despite ongoing restructuring programme – IMF
Ghana remains in debt distress with its current position assessed as unsustainable, the International Monetary Fund (IMF) has revealed in ...
Ofori-Atta heads to China in pursuit of bilateral debt restructuring
Minister of Finance, Ken Ofori-Atta, along with some government officials, is set to embark on a crucial visit to China ...
Zambia dealt major setback as official creditors object to bond deal
Zambia suffered a major setback in its debt restructuring after a revised deal to rework $3 billion of Eurobonds could ...
IMF reveals growing support for excluding T-Bills from debt restructuring
A recent Progress Report from the IMF has unveiled a mounting consensus to exclude short-term debt from the purview of ...
IMF urges China to speed up work on debt restructuring for Ghana
IMF tells China to accelerate its work to reach debt restructuring agreements for countries like Zambia, Ghana and Ethiopia
IMF calls on bilateral creditors to back Ghana’s debt restructuring efforts
The IMF is calling on bilateral creditors of Ghana to support the country’s efforts to restore debt sustainability,
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Legal Aid Commission staff threaten strike over poor working conditions
Staff of the Legal Aid Commission have threatened to strike beginning Monday, November 25, citing years of neglect and exclusion...
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