Ghana is hopeful that the current negotiations with the International Monetary Fund (IMF) about the country’s requested $3 billion bailout will be completed by March.
The debt exchange program is an invitation for the voluntary exchange of approximately GHS137 billion of the domestic notes and bonds of the Republic, including E.S.L.A. and Daakye bonds, for a package of New Bonds to be issued by the Republic.
Speaking with the visiting German Federal Minister of Finance, Christian Lindner, last Friday at the Jubilee House in Accra, the president of Ghana, President Nana Addo Dankwa Akufo-Addo made the reassurance that Ghana is very close to securing the $3 billion bailout loan has been requesting from the IMF since 2022.
