A bilateral debt deal has been reached by Ghana and the Federal Republic of Germany.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Ghana has signed a bilateral debt agreement with the Federal Republic of Germany, marking the sixth such pact under the country’s ongoing debt restructuring programme.

The agreement follows earlier bilateral deals concluded with China Exim Bank, France, Finland, the United Kingdom, and Spain, as Ghana continues to engage its official creditors under the parameters of the G20 Common Framework.

Finance Minister, Dr. Cassiel Ato Forson, described the agreement as a significant milestone in Ghana’s economic recovery process, noting that it would consolidate fiscal stability and support sustained growth.

Source: newsthemegh.com