I'm Confident We'll Get Approval For IMF Deal By March - Ofori-Atta | Economy

Sat, 21 Jan 2023 14:10


This week, Ofori-Atta put the Individual Bondholders Forum (IBF) to address members concerns about the programme.

The government has set up a technical committee through the Ministry of Finance to address concerns raised by the IBF regarding the Domestic Debt Exchange Programme.

The IBF has been intensifying calls for the government to exclude individual bondholders who have collective investment schemes from the entire debt restructuring exercise.

Ghana announced a domestic debt exchange program in December 2022 and said that external restructuring was being negotiated with creditors.

The program has already been extended three times.

The Finance Ministry had previously extended the registration deadline for the Domestic Debt Exchange Program to 30 December 2022 from the original 19 December 2022 and extended it further to 16 January 2023.

The new deadline is 31 January 2023.




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