Tag: debt relief
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African Economists Reject Aid Dependency, Push Resource Ownership and Investment
Dr. John Kwakye, Director of Research at Ghana’s Institute of Economic Affairs (IEA), has declared African nations should cease seeking aid or debt relief,...
NACI Commends Russia for Debt Relief to Africa, Calls for Broader International Support
In a bold statement released on February 28, 2025, the New African Charter International (NACI) praised Russia for its significant debt cancellation initiatives in...
Ghana Strikes US$2.86 Billion Debt Relief Deal with International Creditors
Ghana’s government has finalized a critical agreement with global creditors, securing a landmark $2.86 billion debt service relief package to bolster its economic recovery...
Ghana Secures US$2.8 Billion Debt Relief from Bilateral Creditors
Ghana has achieved a significant breakthrough in its fiscal management strategy with the successful negotiation of debt relief totalling $2.8 billion from bilateral creditors....
Ghana Secures US$15 Billion Debt Relief Amid Economic Challenges
Ghana has completed a comprehensive debt restructuring initiative, resulting in over $15 billion (GH¢225 billion) of relief across its national debt portfolio.
The restructuring efforts,...
