Ghana Seeks $2.5bn In External Financing Through Debt Restructuring1 min read
The announcement was made as the GIPC indicated that negotiations with key partners are nearing a conclusion by the end of the week.
The CEO emphasized that the current fiscal gaps would be addressed through external financing measures, including an anticipated $3 billion agreement with the International Monetary Fund (IMF) and the aforementioned debt restructuring.
“With the current fiscal gaps, we anticipate external financing for the budget through the anticipated $3 billion agreement with the IMF. Additionally, we are working on some external debt restructuring to provide financing of approximately $2.5 billion.”
“We anticipate concluding negotiations with our other key partners tomorrow to further enhance our financial position,” he added.
Source: Citinews
