THE authorities has assured its worldwide companions that it’s making good progress in discussions with all remaining collectors within the debt restructuring perimeter.
A press release issued by the Ministry of Finance in Accra yesterday mentioned the federal government remained dedicated to achieving a good and mutually useful decision with all collectors.
The Ministry expressed appreciation to its companions for his or her forbearance, cooperation and assist.
It added that according to Ghana’s commitments to the official collectors, below the G20 Common Framework, no creditor had been handled preferentially.
“That is in step with the precept of Comparability of Remedy”, it defined.
“We’ve strictly utilized the provisions within the Memorandum of Understanding with our official collectors, and in particular, have continued to stay in arrears with all exterior collectors included within the debt restructuring perimeter”, it mentioned.
Africa Coverage Lens (APL), a Coverage Analysis and Analyst Organisation, has recommended Ghana’s current macroeconomic progress however warned that the appreciation of the cedi could possibly be short-lived if not supported by deeper structural reforms.
In line with APL, whereas the cedi had appreciated considerably within the first half of 2025, this has largely been pushed by short-term measures.
It talked about heavy foreign exchange market interventions by the Financial institution of Ghana (almost $1 billion between January and Might 2025) and hard fiscal choices reminiscent of freezing authorities spending and suspending fee of arrears as elements which have significantly contributed to those beneficial properties.
“These beneficial properties, whereas encouraging, are constructed on short-term pillars that require deeper reforms to turn out to be sustainable,” APL famous.
APL factors out that Ghana has seen related durations of stability earlier than, significantly between
