Debt Sustainability Analysis

T Bills, Short-Term Securities Will Not Be Affected By Ghana’s Debt Restructuring – US-Based Associate Professor
29 Sep

T Bills, Short-Term Securities Will Not Be Affected By Ghana’s Debt Restructuring – US-Based Associate Professor

wontumionlineBusiness, , , ,
Treasury bills and short-term securities will not be affected by the expected debt restructuring programme that the Government of Ghana will undertake after the completion of the Debt Sustainability Analysis by the International Monetary Fund and the World Bank. According to Associate Professor of Finance at Andrews University, Michigan, USA, Dr. Williams Peprah, the focus of the Debt Sustainability Analysis will be on long term bonds or securities. He added that the International Monetary Fund is likely to swap or take care of Ghana’s Eurobonds due in the next four years as part of the debt restructuring programme. A total…
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Ghana’s Public Debt Was 80% To GDP During Covid-19 Pandemic; We’ll Help Restore Macroeconomic Stability – IMF
26 Sep

Ghana’s Public Debt Was 80% To GDP During Covid-19 Pandemic; We’ll Help Restore Macroeconomic Stability – IMF

wontumionlineBusiness, , , ,
The International Monetary Fund (IMF) has reiterated that Ghana’s public debt increased from 65%  to 80% of Gross Domestic Product during the period of the Covid-19 pandemic. This is contrary to the government’s figures that public debt to GDP was about 73%. In a Frequently Asked Questions (FAQs) session, the Fund said at the same time, the government’s fiscal efforts to preserve debt sustainability were not seen as sufficient by investors, leading to credit rating downgrades, non-resident investors exit from domestic bond market and loss of access to international capital markets. “These adverse developments, further exacerbated by the price and…
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