Ghana has extended deadline for its debt restructuring program for the third time

As a result of Ghana’s economic struggles last year, the country’s government came up with the idea to restructure its domestic debt exchange, an idea that was lauded at the time.

A recent report shows that Ghana has extended the deadline for its domestic deb exchange program for the third time since it was initiated.

However, since then the country has not been able to fully actualize the domestic debt exchange program. The country’s finance minister Ofori-Atta wrote disclosed via Twitter that the exchange would be extended pending further stakeholder engagement.