Adam Amin

Ghana’s Low Exposure To Loans From China Has Enhanced Its Debt Restructuring – World Bank

Ghana’s Low Exposure To Loans From China Has Enhanced Its Debt Restructuring – World Bank

Ghana has a relatively lower exposure to loans from China compared to Zambia (36%) and Ethiopia (25%), the World Bank has revealed in its April 2024 Africa Pulse Report. The country accounts for 7.0% of the share of Public and Publicly Guaranteed (PPG) external debt owed to China. According to the World Bank, the lower exposure to multiple creditors has enabled Ghana and other debt-ravaged countries to reach or be close to reaching agreements with their external creditors. “In January 2024, the Official Creditor Committee (OCC) reached an agreement in principle with the Government of Ghana on the terms of…
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Finance Minister Courts Okyehene’s Support On Ghana’s Environmental Sustainability

Finance Minister Courts Okyehene’s Support On Ghana’s Environmental Sustainability

Dr Mohammed Amin Adam, Finance Minister, has called for the support of Osagyefo Amoatia Ofori Panin, the King of Akyem Abuakwa, Eastern Region, for continued effort in ensuring environmental sustainability in Ghana. The Minister made this call when he visited the Okyehene on Wednesday evening for his blessings and counsel for the new role he assumed about a week ago, following President Akufo-Addo’s ministerial reshuffle. “You [Amoatia Ofori Panin] have done so much for this country since your ascension to the throne, especially, your leadership in the fight against illegal mining and have become a champion of environmental sustainability, not…
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