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GOVERNMENT’S APPROBATION GH 5.8 BILLION AFFINITY PAYMENT

 

IMF

The governance of Prez Nana Addo Dankwah read the vet last (SONA) STATE OF THE NATIONS ADDRESS # 2024 on the 27th day of February, 2024 .
Where Mr. President honored the GH 8.5 BILLION bond payment. By which precisely states that the government has faithfully fulfilled it’s financial approbations by clearing the coupons owed to the bond holders, which sums to a GH 5.8 billion.
Settling of the huge debt of GH 5.8 billion is a plain and significant turning point of the government attempts to cater for its financial obligations, especially in changing the document debt exchange program initiated last year (2023) .
Which aimed at individual pension bond holders, to form part of the government’s strategy in attaining revenue targets to reach the International Monetary Fund (IMF) Agreement.

” it is the largest coupon paid in a day in Ghana’s history “was attested by the president.
The Republic of China and France and other bilateral creditors were brought to a speech – on knees for acknowledgements for a positive contribution in reaching the agreement by Prez. Akuffo Addo.
Overall, H.E Akuffo, made assurance of a continuous engagement and commitment with responsibility to meet all financial obligatory aims to maintain confidence in Ghana government’s operations.

 

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