President Nana Addo Dankwa Akufo-Addo has said that the local economy has been ushered into a new phase of recovery, returning to a sustainable debt path and putting the country back on the investor map.
The Government had announced that Ghana is back on the international financial markets after successfully completing the transaction of restructuring $13 billion in Eurobonds.
On June 24, the Ad Hoc Group of International Bondholders and the Republic of Ghana reached an agreement in principle for restructuring the outstanding Eurobonds.
The agreement was approved by the International Monetary Fund as compatible with the program parameters and met the comparability of treatment requirements of the Official Creditor Committee for Ghana.