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    Home » Ghana international bondholder committee supports restructuring offer

    Ghana international bondholder committee supports restructuring offer

    September 5, 2024
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    *Governor Ernest Addison of the central bank of Ghana.

    Accra — A committee of Ghana’s international bondholders said on Thursday that it supported a restructuring offer launched by Ghana’s government earlier in the day.

    “In supporting the Exchange Offer and Consent Solicitation, the Committee reiterates the importance of Ghana sustaining its economic reforms, including in the establishment of credible fiscal and debt anchors, implemented through an amended Fiscal Responsibility Act,” the committee said in a statement.

    “Such reforms will be necessary for Ghana to regain international market access over time and for Ghana to meet its development objectives,” it added.

    *Maxwell Akalaare Adombila, editing: Alexander Winning – Reuters

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