Ghana extends domestic debt exchange deadline for third time
Ghana extends deadline for domestic debt exchange
ACCRA, Jan. 16 (Xinhua) -- Ghana on Monday announced a further extension of the deadline for its proposed domestic debt exchange program, seeking to rein in the country's debt levels to achieve sustainability. Read full story
Ghana extends domestic debt exchange deadline for 3rd time
Mon, 2023-01-16 20:26 ACCRA: Ghana has again extended the deadline to register for its domestic debt exchange, this time to Jan. 31, Finance Minister Ken Ofori-Atta said on Monday. The crisis-hit nation launched the debt swap plan at the start of December, days before clinching a staff-level agreement with the International Monetary Fund for a $3 billion rescue package. “Building consensus is key to a successful economic recovery for Ghana,…
Govt extends Domestic Debt Exchange deadline for 3rd time
The government has extended the deadline for the Debt Exchange Programme to Tuesday, January 31, to enable it to build consensus for the programme. This is the third time the government has extended the deadline for the bondholders to voluntarily exchange their bonds for new ones. It is currently unclear how many institutions or individuals have signed onto the programme which has been rejected by several groups. In the government’s quest to add…
Ghana extends Domestic Debt Exchange deadline for 3rd time
"Building consensus is key to a successful economic recovery for Ghana," Ofori-Atta wrote on Twitter, adding that registration for the debt exchange would be extended "pending further stakeholder engagement".
Ghana government extends domestic debt exchange deadline for third time - Ghana Business News
The Ghana government has extended the expiration date for its Domestic Debt Exchange (DDE) programme to January 31, to hold stakeholder engagement with individual bondholders.