The Government of Ghana expresses its profound appreciation to all stakeholders, especially bondholders who voluntarily responded to the national call and participated in the Domestic Debt Exchange Programme (DDEP).
Presentation of Mid-Year Fiscal Policy Review: Monday, 31st July, 2023
Accra, Friday, 28th July, 2023... In accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921), the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the Government of Ghana for the 2023 Financial Year, is expected to be presented to Parliament on Monday, 31st July, 2023.
Commencement of DDE in Respect of Ghana’s U.S.$-Denominated Domestic Bonds
The Government of the Republic of Ghana (the "Government” or “we”) announced today that it is inviting (the “Invitation”) Eligible Holders (as defined below) to exchange approximately US$809 million of its U.S.$-denominated domestic notes and bonds specified in Table A (the “Eligible Bonds”) for a package of new bonds (as further described below, the “New Bonds”) to be issued by the Republic.
Update on Outstanding Domestic Debt Service Obligations
The Government of Ghana and the Coalition of Individual Bondholders Groups (CIBG), comprising members of the Individual Bondholders’ Forum (IBF) and the Individual Bondholders’ Association of Ghana (IBHAG), on 16th May, 2023, reached agreement regarding the government’s outstanding domestic debt service obligations. This agreement was captured in a Memorandum of Understanding (MOU) dated 16th May, 2023.
President Akufo-Addo, other African and Caribbean leaders to headline Afreximbank’s 2023 Annual Meetings in Accra
Ghanaian President Nana Addo Dankwa Akufo-Addo and other leading African and Caribbean figures will be among the top headliners at the 30th Annual Meetings of the African Export-Import Bank (Afreximbank) taking place in Accra from 18 to 21 June 2023.
Ghana Launches 2022 EITI Mining & Oil/Gas Reports Covering the Period 2020
The Multi-Stakeholder Group (MSG) of the Ghana Extractive Industries Transparency Initiative (GHEITI) has today, formally launched the country’s 2020 Mining and Oil/Gas EITI reports, published on December 31, 2022. The MSG is a tripartite body made up of Government, Industry and Civil Society, with the responsibility of steering the affairs of GHEITI.
Government Engages with the Leadership of Coalition of Individual Bondholders Groups and the Pensioner Bondholders Forum
Today, the Ministry of Finance engaged the representatives of the Coalition of Individual Bondholders Groups and the Pensioner Bondholders Forum. Following the meeting, significant progress has been made on the outstanding domestic debt service obligations.
Afreximbank to hold 30th Annual Meetings in Accra, Ghana, from 18-21 June 2023
The 30th Annual Meetings of African Export-Import Bank (Afreximbank) will take place in Accra, Ghana, from 18 to 21 June 2023. The event will mark the high point of the Bank’s year-long 30th anniversary celebrations, under the theme “Delivering the Vision. Building Prosperity for Africans”.
The Government of Ghana to hold a Presentation on 13th April 2023 to Update Interested Stakeholders
The Government of Ghana announced today that it will give a presentation via webcast on Thursday, 13th April 2023 at 9:30 am EDT (1:30 pm GMT) to update interested stakeholders on the latest macroeconomic developments and the government’s guiding principles for the upcoming public debt restructuring.
Payments on Outstanding Bonds
Following the Press Release issued by the Ministry of Finance dated Tuesday 14th March, 2023, Government is pleased to announce that additional coupon payments have been made on Thursday 23rd March, 2023.