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Business News of Wednesday, 26 June 2024

    

Source: Joy Business

Finance Minister urges bondholders to accept terms reached in restructuring $13.1bn debt

Dr. Mohammed Amin Adam (right) Dr. Mohammed Amin Adam (right)

The Finance Minister Dr. Mohammed Amin Adam has asked bondholders to accept the terms reached on restructuring some $13.1 billion owed Eurobond holders.

According to him, Ghana will launch the consent solicitation in the coming weeks to implement the “agreement in principle reached for restructuring the $13.1 billion Eurobond debts”.

He disclosed this at the 11th Edition of Paris Forum which was held on the theme “For Successful Debt Treatment for Future Investment Summit” in France.

“We remain committed to engaging and resolving our non-bonded commercial indebtedness”, Dr. Amin Adam said.

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