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
- Developing world faces $2.5trn shock; Ghana behaves like rich sultanate in the gulf – Bloomberg
- Minority loses censure motion to dismiss Ofori-Atta
- Chinese nationals release dogs on GRA tax officers at quarry site
- Beautiful photos drop as Mahama’s son and Algerian wife welcome their 1st child
- Alan Kyerematen’s campaign song pops up at Kufuor’s 84th birthday bash
- Driver’s mate killed, 2 in critical condition in gory accident at Gomoa Dominase
- Kalybos and I will have a child together if we are still single in 2 years – Ahuofe Patri
- List of key bondholders resisting Ken Ofori-Atta’s Domestic Debt Exchange
- Kofi Kinaata’s ‘Made in Taadi’ 2022 edition cancelled
- Police pursue Caprice robbery suspects
- Chicken now ¢70 – Poultry farmers
- 2022 World Cup: Brazil crash out on penalties as Croatia advance to semis
- Lands Minister reopens Accra Zoo to public
- You are causing ministers to create kingdoms in their ministries – Mahama tells Akufo-Addo
- Mahama lectures Academic City University College students on leadership
- GreenFaith launches a multi-faith, multi-stakeholder campaign to keep fossil fuels in the ground in Ghana
- ‘Reduce number of judges at Supreme Court’
- Our memories we shared will never fade – Okomfo Kolege to late wife
- PURC Ghana ranked 4th in Africa Electricity Regulatory Index (ERI) 2022
- Ofori-Atta has exposed himself to public ridicule – Editor of ABC News
- Failed censure motion missed chance to see Akufo-Addo’s true allegiance – Bobby Banson
- 10 signs you’re definitely not over your ex
- Mahama urges private sector to support government in these trying times
- Reggae artiste Sizzla burns platinum plaques over ‘disrespect’ from DJ Khaled
- Ghana expected to reach IMF Staff-Level agreement on December 13, 2022