21
Feb
A high-powered government delegation will visit China later this week to convince authorities there to accept Ghana’s proposal for debt cancellation with the Paris club. It is part of the government’s restructuring of its external debts. Ghana is hoping to restructure $5. 7 billion with China holding a third of it amounting to 1.7 billion dollars. Finance Minister Ken Ofori-Atta who is leading the delegation told Svenja Schulze, a German Minister that China has committed to a bilateral negotiation. In view of that, he is hopeful a deal can be reached to enable Ghana to present her case before the…