Government says it will take all appropriate measures to safeguard the solvency of the financial institutions involved in Ghana’s domestic debt exchange.Mr Ken Ofori-Atta, the Minister of Finance, said thanks to well-targeted regulatory measures and th… … Read More >“We will safeguard the solvency of the financial institutions” – Ken Ofori-Atta

More than half of Ghana’s total revenues and more than 70 percent of the nation’s tax revenues are used in servicing debts incurred by the State.Speaking at the launch of Ghana’s Domestic Debt Exchange Programme on Monday, December 5, 2022, the Ministe… … Read More >Over 70% of tax revenues used for debt servicing – Ken Ofori-Atta

Government says Ghana’s domestic notes and bonds totaling about GHS137 billion will be exchanged for new ones by holders of domestic debt to help in restoring the country’s capacity to service debt.The bonds which include Energy Sector Levies Act (E.S…. … Read More >GHS137 billion domestic bonds to be exchanged for new ones – Ken Ofori-Atta

Dear all,On behalf of the Government of Ghana, I wish to set out the background of a debt exchange programme that will allow our country to restore sound public finance and sustainable debt levels, and to kickstart economic growth following the impact … … Read More >Ghana’s Domestic Debt Exchange 2022 – Exchange Memorandum