Ghana news briefing
Ghana now spends less than 20% on servicing debt -Dr Ato Forson
By GhanaSummary Newsroom1 min read
Having completed the restructuring of domestic debt, which achieved about 85 per cent outturn, the government turned to external creditors, including both bilateral and commercial creditors.
The Minister of Finance, Dr Cassiel Ato Forson, says the country now spends less than 20 per cent of its revenue on debt servicing, down from about 50 per cent in the past.
Background The government has so far signed Bilateral Debt Restructuring Agreement with almost 10 countries under the country’s official creditor framework.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
