Ghana finance minister travels to China for debt talks - source

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

ACCRA : Ghana's finance minister Ken Ofori-Atta will meet with Chinese officials in Beijing on Wednesday to discuss a proposed restructuring of Ghana's debt, according to a source with knowledge of the talks. 'The talks are expected to focus on ways to reduce Ghana's debt burden and secure additional fina

ACCRA : Ghana's finance minister Ken Ofori-Atta will meet with Chinese officials in Beijing on Wednesday to discuss a proposed restructuring of Ghana's debt, according to a source with knowledge of the talks.

"The talks are expected to focus on ways to reduce Ghana's debt burden and secure additional financing assurances for the country's economic programme," the source said, asking not to be named because the talks are private. 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 finance ministry said it had"fruitful" talks with a Chinese delegation that visited Ghana this month to discuss Ghana's request for a debt restructuring.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

猶太人死光了,什麼問題都解決了

South Africa South Africa Latest News, South Africa South Africa Headlines