ACCRA :Ghana's finance minister Ken Ofori-Atta will travel to Beijing on Wednesday to meet Chinese officials to discuss a proposed restructuring of Ghana's debt, according to a source with knowledge of the talks.
Ghana, which is struggling with its worst economic crisis in a generation, secured a staff-level agreement with the International Monetary Fund in December for a $3 billion loan, though asking lenders to provide financing assurances is a condition for the IMF's board to sign off the programme.The government's current priority is to secure IMF board approval, with the fine details of debt treatment operations to follow later, the source added.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »