Goverment secures US$2.8 billion relief from bilateral creditors

Government has successfully negotiated debt relief totaling US$2.8 billion from bilateral creditors, marking a significant milestone in Ghana’s efforts to achieve fiscal sustainability and economic recovery. Finance Minister Mohammed Amin Adam announced the breakthrough at a press conference on Monday 1 July 2024, emphasising the importance of the agreement under the G20 Common Framework for …

Government secures $2.8bn debt relief from bilateral creditors

myjoyonline.com - 01/Jul 16:41

The government has successfully negotiated $2.8 billion in debt relief from bilateral creditors, marking a significant milestone in Ghana’s quest...

Government restructures US$1 billion legacy debt with IPPs

asaaseradi.com - 01/Jul 15:46

Government has successfully restructured US$1 billion in legacy debt owed to Independent Power Producers (IPPs) marking a significant milestone in the...

Zimbabwe’s debt burden balloons to US$18 billion

zimbabwesituation.com - 23/Jun 06:44

Fears the country’s giant debt could stunt economic recovery and growth Source: Zimbabwe’s debt burden balloons to US$18 billion – Zimbabwe News...

Sri Lanka seals partial debt deal after financial crash

nst.com.my - 26/Jun 19:31

COLOMBO: Cash-strapped Sri Lanka said Wednesday it had clinched a restructuring deal with key bilateral lenders covering up to US$5.8 billion in debt,...

Indorama Ventures Secures $200 Million Loan From The International Finance Corporation (IFC) To Drive Sustainability Program

textileworld.com - 01/Jul 16:05

BANGKOK — July 1, 2024 — Indorama Ventures, a global sustainable chemical producer, today announced it secured a new 7-year loan totaling $200...

Reduction of Somali health budget after 2023 debt relief a betrayal

hiiraan.com - 03/Jul 05:23

Somalia’s healthcare sector is ailing. This is despite the country receiving USD 4.5 Billion debt relief from IMF and the World Bank last year...

Multilateral Loans Dominate Nigeria’s Debt Service, Totaling $634.3 Million

naija247news.com - 29/Jun 19:23

Nigeria’s Public Debt Surges to N121.67 Trillion in Q1 2024 Debt Service Costs Reach $1.12 Billion Amid Rising Interest Rates IMF Payments Account...

We’re expecting $2.9bn from IMF, other sources to stabilise cedi – Finance Minister

myjoyonline.com - 01/Jul 18:20

Finance Minister Dr. Mohammed Amin Adam has announced that Ghana is expecting about $2.9 billion from multilateral, bilateral, and private sector...

IDB, China and World Bank are Guyana’s largest external creditor

kaieteurnewsonline.com - 25/Jun 04:49

Kaieteur News – In 2023, Guyana’s debt increased by 23%, reaching a total of approximately US$4.5 billion. The country’s domestic debt surged to...

ACT framework for disaster recovery

canberraweekly.com.au - 27/Jun 05:33

The ACT Government has released its first Social Recovery Framework, to help Canberrans recover from disaster.

Rubriques :