• 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

IMF Urges Ghana to Finalize Debt Restructuring with Non-Eurobond Commercial Creditors

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

IMF Urges Ghana to Finalize Debt Restructuring with Non-Eurobond Commercial Creditors

The IMF Director for the African Department, Abebe Selassie, has commented on Ghana’s ongoing debt restructuring efforts, noting that substantial debt remains to be renegotiated with non-eurobond commercial creditors.

Mr Selassie’s remarks, made during a press briefing on Friday, October 25, indicate that further debt agreements are essential to align with Ghana’s external debt restructuring framework and objective to attain debt sustainability by driving down the country’s debt-to-GDP to 55% by 2028.

The African Director at the press briefing expressed optimism that Ghana could make headway with non-eurobond commercial creditors in the coming weeks or months, advising the government to remain steadfast in securing a favourable deal for the nation.

“The government needs to stay strong and make sure that it gets the best deal it can for the people of Ghana,” he remarked, while acknowledging the progress achieved thus far.

Ghana, which recently concluded a highly anticipated external debt restructuring programme, secured significant debt relief from its creditors, including a $5 billion debt cancellation and a $4.3 billion debt service relief, saving the country approximately $12 billion across bilateral agreements and Eurobonds.

The debt restructuring process, completed in nine months, is considered a marked success relative to the two years often taken by other nations to restructure similar debt portfolios.

RelatedPosts

PIAC yet to see Restoration of Funding Under ABFA Despite Assurance from President Mahama

GSE Closes Slightly Lower as Composite Index Falls 0.25%

Producer Price Inflation Rises Marginally to 3.2% in September 

Tags: Ghana’s Debt RestructuringIMFSays IMF Africa DirectorSignificant DebtSignificant Debt Remains Unresolved in Ghana’s Debt RestructuringSignificant Debt Remains Unrestructured in Ghana’s Debt Restructuring Programme

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

LaLiga Cancels Barcelona vs. Villarreal Match Scheduled to Take Place in Miami

Black Queens Coach Confident Ahead Of WAFCON Qualifier Against Egypt

UEFA Champions League: Bayern and Real Madrid Stay Perfect, Liverpool and Chelsea hit Five In Record-Breaking Week

Gold Price Falls by Most in Over a Decade as Rally Cools

Businesses Flock to Ethiopia’s Newly-Opened Banking Market

Among Africa’s Top Performing Currencies — the Zambian Kwacha

Trending

Business

PIAC yet to see Restoration of Funding Under ABFA Despite Assurance from President Mahama

October 23, 2025

PIAC yet to see Restoration of Funding Under ABFA Despite Assurance from President Mahama The Public Interest...

GSE Closes Slightly Lower as Composite Index Falls 0.25%

October 23, 2025

Producer Price Inflation Rises Marginally to 3.2% in September 

October 23, 2025

LaLiga Cancels Barcelona vs. Villarreal Match Scheduled to Take Place in Miami

October 23, 2025

Black Queens Coach Confident Ahead Of WAFCON Qualifier Against Egypt

October 23, 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.