Audio By Carbonatix
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
-
Bank of Ghana converts all Rural Banks into Community Banks under sector reform
5 minutes -
‘Markets move on information’ — BoG Communications Director warns against misinformation
7 minutes -
BoG converts all Rural Banks into Community Banks
8 minutes -
Bank of Ghana urges journalists to tackle misinformation and strengthen economic reporting
18 minutes -
The Pensioner’s Dilemma: What falling interest rates really mean for retirees in Ghana
31 minutes -
Interior Minister inaugurates 13-member committee to probe causes of recent building collapses
32 minutes -
NUGS President writes: Reject claims of consent as defence in Bole SHS teacher-student sex case
39 minutes -
SOMOCO unveils upgraded Bajaj RE Tricycle to boost transport business and job creation
46 minutes -
Mahama charges Black Stars to fly Ghana’s flag high in Panama encounter
53 minutes -
All Ghanaians to watch Black Stars World cup games free-to-air – Mahama
1 hour -
RTI Commission must crack down on unlawful information charges – Zakariah Tanko Musah
1 hour -
Ashanti Regional Minister orders clearance of encroachment at Agona Lorry terminal
1 hour -
Kwahu West Health Director calls for handwashing with soap in basic schools
1 hour -
THE LAW 101: Illegal extortionate RTI fees weaponised by rogue institutions against transparency
2 hours -
Pollution near schools may be undermining learning, Researcher warns
2 hours