A high-powered government delegation will visit China later this week to convince authorities there to accept Ghana’s proposal for debt cancellation with the Paris club.
It is part of the government’s restructuring of its external debts as Ghana hopes to restructure $5.7 billion with China holding a third of it, amounting to $1.7 billion.
Finance Minister, Ken Ofori-Atta who is leading the delegation told Svenja Schulze, a German Minister that China has committed to a bilateral negotiation.
In view of that, he is hopeful a deal can be reached to enable Ghana to present her case before the International Monetary Fund (IMF) board.
Guests for Wednesday night’s discussion on Ghana’s next big debt hurdle to assessing the way forward are; Senior Credit Research Analyst Redd Intelligence, Mark Bohlund, Director of Centre for Asian Studies, Dr Llyoyd George Adu Amoah and Economist, Prof. Godfred Bokpin.
Join in the discussion:
Latest Stories
-
Will Ghana’s democracy stand the test of time in the 2024 elections?
2 hours -
Hindsight: Dreams fairytale run proved one thing; it is possible
3 hours -
God makes rulers, not you; you can’t choose your successor – Mahama to Akufo-Addo
4 hours -
Contributors own SSNIT, they must decide who becomes its Director-General – Austin Gamey
5 hours -
Move away from theory-based learning towards practical learning approaches – AUCC President to students
5 hours -
Haaland scores as Manchester City beat Nottingham Forest
6 hours -
Villas-Boas elected Porto president
6 hours -
Situation on frontline has worsened, Ukraine army chief says
6 hours -
US doctor describes witnessing starvation in northern Gaza
7 hours -
CAFCC: RS Berkane make final after USM Alger refused to play 2nd leg over Moroccans’ jersey
7 hours -
Elon Musk in China to discuss enabling full self driving
7 hours -
PSG clinch Ligue 1 title after Lyon’s win over Monaco
9 hours -
Guinness Ghana sets the pace at Ghana Beverage Awards with six awards
9 hours -
Burkina Faso suspends BBC, VOA radio broadcasts over killings coverage
9 hours -
Nicole Kidman honoured with AFI Life Achievement Award
10 hours