Audio By Carbonatix
Government has hinted of a debt management aimed at alleviating the pressures on the national budget and restoring debt sustainability.
In a statement by the Finance Ministry, the government said it will be guided by international best practices in debt operations.
It explained that the move would also open up financing streams and provide the needed balance of payment support.
Details of the different layers of debt operation, including the terms of the principal payments and interest on the public debt, it said, are still being discussed, taking into account principles of debt sustainability and international best practices.
“All measures will be communicated by the Ministry of Finance in due course”, it explained.
The statement concluded that the government of Ghana reiterates its commitment to rolling out a lasting solution to the current economic challenges, with the ultimate goal of restoring macroeconomic stability and anchoring debt sustainability.
Below is the statement
Latest Stories
-
Build yourself first, success requires discipline and time – Richard Nii Armah Quaye tells youth
8 minutes -
Upper West Regional Minister denies diverting education infrastructure projects from Issa to Daffiama
46 minutes -
When success becomes a target: Ghana’s music industry habit of tearing down its own
51 minutes -
Savannah Region inaugurates 10-member health committee to reset sector
1 hour -
Let’s demonstrate Mahama’s peace advocacy in his home region – Fulbe to chiefs and people
1 hour -
Bright Ofori: Commending judicial reforms while advancing conversation on timely justice
1 hour -
Newsfile to tackle security recruitment cuts, GH¢21bn audit exposé, Mahama jet controversy
2 hours -
Vice President receives UCC’s Distinguished Fellow Award, calls for education to deliver dev’t
2 hours -
Tension in DBI District as Issa chiefs demand reversal of relocated GES office
2 hours -
Women at the forefront: Celebrating Ghanaian women’s impact after 69 years of Independence
2 hours -
Gbeniyiri, Damongo violence: Security Councils condemn killings, vow to bring perpetrators to justice
3 hours -
KNUST declares five former students persona non grata, orders arrest on sight
3 hours -
Historic relief for Bono East as Holy Family Hospital receives first dialysis machines from GMTF
3 hours -
‘Pa-To-Pa’ promo is delivering on its promise – GCB Bank
3 hours -
Ghana Dance Industry Awards slated for April 18 at National Theatre
3 hours