Ghana’s Finance Minister, Dr. Mohammed Amin Adams, has expressed confidence that the government will settle all obligations related to restructured debts within the next two years, citing the country’s improving economic outlook.
Speaking at a monthly economic briefing, Dr. Adams highlighted recent strides in the economy as evidence of recovery and assured that those impacted by the debt restructuring would see their investments restored.
“We are confident that in one or two years, those who have lost money will recover it,” he said.
The Finance Minister also reaffirmed the government’s commitment to honoring Eurobond payments, confirming the successful settlement of $520 million in October 2024 and preparations for the next payment due in January 2025.
He painted a positive picture of Ghana’s economic growth, noting that the country’s nominal GDP had risen from $56 billion in 2016 to $76 billion by the end of 2023, with further expansion expected in 2024.
Source:TheDotNews