20
Dec
Associate Professor of Finance at Andrews University, Professor Williams Peprah, is warning of the erosion of recent gains by the cedi if the government does not tread cautiously on negotiations of new terms with creditors of external debt. Government today, December 19, 2022, announced the suspension of Eurobonds and other external debt payments as part of its debt restructuring programme. This suspension, it said in a statement from the Ministry of Finance, will not include the payments of multilateral debt, new debts (whether multilateral or otherwise) contracted after December 19, 2022 or debts related to certain short term trade facilities.…