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Radio France Internationale
Radio France Internationale
World
RFI

Ghana closes domestic debt programme as international creditors discuss next steps

Ghana's Finance Minister Ken Ofori-Atta at a news conference in Accra, Ghana 13 December 2022. © Cooper Inveen/Reuters

Ghana’s finance ministry has announced that the country's domestic debt exchange programme has been successfully closed as foreign lenders discuss forming an official creditor committee, which would be a first step for the country to start debt relief talks as it struggles to manage its post-Covid economic crisis.

After five extensions of a December deadline, Ghana closed its domestic debt exchange programme (DDEP) on 10 February with more than 80 percent participation of eligible bonds, the finance ministry said on Tuesday.

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