One Hundred and Nineteenth Sovereign Debt News Update: Ghana Reaches MOU with Official Creditors Committee and an Agreement with Eurobond Holders on $13 Billion Debt Restructuring
While Ghana has completed three major debt restructuring operations comprising of domestic debt restructuring, external bilateral debt restructuring, and commercial bondholders debt restructuring, Ghana’s economy is unable to take any more uncertainty with regards to whether the terms of the MoU agreement and the $13 billion agreement in principle are official and agreed to.