Ghana signs MoU to restructure $5.4 billion debt
Ghana has signed a memorandum of understanding (MoU) with its bilateral creditors, including China and France, to restructure $5.4 billion of debt. This agreement is a crucial step towards securing $360 million from the International Monetary Fund (IMF) under Ghana’s $3 billion bailout program, expected next month. The MoU provides a framework for restructuring loans from official creditors, following an…
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