• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Government pushes ahead with IMF bailout plan despite bondholder opposition

3 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
128
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Government pushes ahead with IMF bailout plan despite bondholder opposition

Ghana’s government is standing firm on its domestic debt exchange program, despite protests from individual bondholders. 

Finance Minister Ken Ofori-Atta has insisted that the program is necessary to secure an International Monetary Fund bailout and to balance the needs of the nation with protecting citizens’ livelihoods.

Individual bondholders have expressed concern that the program, which is seen as one of the harshest debt restructuring measures ever adopted, will cause economic hardship and potentially make their bonds worthless. They have also criticized the lack of consultation prior to the announcement of the policy.

In a recent interview with PM Express Business Edition, Mr. Ofori-Atta promised to address some of the concerns of individual bondholders and pensioners and to work towards creating a sustainable solution. 

He cited the Zero Coupon for 2023 as an example of a measure that may need to change.

Despite the protests, the government is determined to push ahead with the domestic debt exchange program, which is seen as vital to securing the much-needed IMF bailout and stabilizing the country’s economy. 

RelatedPosts

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months

Ghana Retains 6th Spot Among Africa’s Top Investment Destinations — RMB Report

Over 40% of Nigeria’s Informal Businesses Make Less Than $12 Daily

It remains to be seen how the situation will play out and whether the government’s efforts to address the concerns of individual bondholders will be successful.

Source: norvanreports
Tags: Domestic Debt Exchange ProgrammeEconomyOfori-AttaScrapping Domestic Debt Exchange not an option – Ofori-Atta says
No Result
View All Result

Highlights

MTN Ghana’s Service Revenue Hits GHS 17.3bn, Driven by Data and Mobile Money Expansion

Ghana Stock Exchange Ends Tuesday Lower on Losses in Financial and Telecom Stocks

Norrie Stuns Alcaraz to End World Number One’s Winning Streak at Paris Masters

Ghana, Nigeria, South Africa Qualify for TotalEnergies CAF Women’s Africa Cup of Nations 2026

PSG Posts Record Turnover of €837 Million After Champions League Triumph

Nestlé Ghana to Launch “No Refined Sugar” Variant of CERELAC®️

Trending

Business

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months

October 29, 2025

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months The price of gold is expected...

Ghana Retains 6th Spot Among Africa’s Top Investment Destinations — RMB Report

October 29, 2025

Over 40% of Nigeria’s Informal Businesses Make Less Than $12 Daily

October 29, 2025

MTN Ghana’s Service Revenue Hits GHS 17.3bn, Driven by Data and Mobile Money Expansion

October 29, 2025

Ghana Stock Exchange Ends Tuesday Lower on Losses in Financial and Telecom Stocks

October 29, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.