General News of Thursday, 8 December 2022Source: www.ghanaweb.comBolgatanga Central Member of Parliament, Isaac Adongo has explained that the current debt restructuring whiles required is not being properly pursued by the government. He claims that the domestic debt restructuring programme announced by Minister of Finance Ken Ofori-Atta will destroy funds of investors far in excess of how much Ghana is seeking from the International Monetary Fund (IMF) – i.e. US$3 billion support. “We cannot in the search for US$3 billion from IMF destroy over US$100 billion of Ghanaian resources, that will not happen. Government is hoping to close a deal on debt restructuring at home in order to be able to access an International Monetary Fund, IMF, facility to support the failing economy.

Source: GhanaWeb December 08, 2022 11:57 UTC