Business News of Friday, 10 January 2020Source: www.ghanaweb.comGhana to borrow GH¢20 billion in 3 months despite inching towards high distress levelAkufo-Addo, Prez Ghana (L) and Ken Ofori Atta - Finance Minister Ghana(R)The central bank of Ghana has hinted of government's plans to borrow almost GH¢20billion through domestic instruments between January and March 2020. Meanwhile, a recent report by the International Monetary Fund (IMF) stated that Ghana is inching towards a high debt distress level. Meanwhile, a recent report by the International Monetary Fund (IMF) described Ghana as getting closer to being classified as a high debt distressed country. This debt rate was equivalent to 60.3 percent of the country’s gross domestic product (GDP), data from the Bank of Ghana revealed. Below is the full issuance calendar for January to March 2020

Source: GhanaWeb January 10, 2020 15:45 UTC