• Latest
  • Trending
IMF to Ghana

Minority’s motion for Ofori-Atta to present debt exchange to Parliament accepted by Bagbin

March 4, 2023
Speaker can’t see my face because there’s a pillar in front of me – Evalue Ajomoro Gwira MP explains silence in parliament

Speaker can’t see my face because there’s a pillar in front of me – Evalue Ajomoro Gwira MP explains silence in parliament

March 30, 2023
Nana Akomea fires Zanetor

Did your father ever visit ‘antoa’ as a sitting president? – Nana Akomea fires Zanetor

March 30, 2023
Clashes between police, soldiers

Clashes between police, soldiers reckless; military must stop misbehaving – Peace Watch Ghana

March 30, 2023
Martin Amidu

Anas vs. Ken Agyapong: True anti-corruption crusaders don’t hide behind masks – Martin Amidu writes

March 30, 2023
Pope Francis

Pope Francis in hospital with respiratory infection

March 30, 2023
 Ibrahim Murtala Mohammed

I have a problem with Fifi Kwetey’s WhatsApp line-up of loyal NDC MPs – Murtala

March 28, 2023
Philip Basoah

BREAKING: NPP MP for Kumawu Philip Basoah has died

March 28, 2023
Gold Mafia

Gold Mafia: Gold smuggler sneaks $40 million worth of gold out of Ghana every month

March 28, 2023
Mahama Ayariga

I don’t have evidence Akufo-Addo’s ministers lured NDC MPs with money – Ayariga

March 28, 2023
Joseph Osei Owusu

‘In politics, the talking is usually more than our actions’ – Joe Wise on ministerial approvals

March 28, 2023
Dzifa Gomashie

Nominees approval: MPs who captured their vote did no wrong – Ketu South MP

March 28, 2023
Anti-LGBTQ bill

Substantial elements of Anti-LGBTQ bill have been modified – Akufo-Addo

March 28, 2023
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
InsiderGH.com
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
No Result
View All Result
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
No Result
View All Result
InsiderGH.com
No Result
View All Result
Home POLITICS

Minority’s motion for Ofori-Atta to present debt exchange to Parliament accepted by Bagbin

March 4, 2023
in POLITICS
Reading Time: 3 mins read
0
IMF to Ghana

Ken Ofori-Atta, Minister of Finance

Kindly share
Finance Minister is likely to furnish Parliament with details of the ongoing debt restructuring.

This was after the Minority succeeded with a Private Members’ Motion to Speaker, Alban Bagbin, calling for Ken Ofori-Atta to present the House with details.

The motion was moved by the Minority Leader, Cassiel Ato Forson, Minority Chief Whip, Governs Kwame Agboadza, Bawku Central MP, Mahama Ayariga, Bolgatanga Central MP, Isaac Adongo and MP for South Dayi, Rockson-Nelson Dafeamekpor.

“This Honourable House requests of the Hon Finance Minister to present to Parliament, Government’s Debt Restructuring Programme for consideration,” the order paper indicated.

The Order Paper, however, fell short of highlighting the day the Minister will be demanded to appear before the House.

Mr Ofori-Atta in February appeared before Parliament to brief the House on the exchange programme.

Already, President Akufo-Addo is making another clarion call on friends of Ghana to put in a word of support as talks between Ghana and the Paris Club – especially China – for debt cancellation enter a crucial stage.

The Paris Club is a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries.

Ghana hopes to appear before the International Monetary Fund (IMF) board to seek approval for a bailout.

But the government will first have to get confirmation that the over $4 billion debt owed to the Paris Club members will be forgiven or restructured.

This came on the back of the Finance Ministry’s assertion to have met its target of over 80% participation in programme, a crucial requirement in the steps to secure the needed bailout.

In a statement, it said the “Government’s Domestic Debt Exchange Program (DDEP) closed on Friday February 10, 2023 with over 80% participation of eligible bonds. The government wants to thank the people of Ghana for their forbearance and support throughout these very difficult times”.

The Minister is expected to expand on this situation and the subsequent modalities for restructuring the external wing of the bonds.

The German government says it is willing to assist Ghana push through its proposal with its external creditors, especially China, but first, some conditions must be met.

In February, President Akufo-Addo called on German Finance Minister, Christian Lindner, to “encourage” China to accept Ghana’s proposal for debt relief with its largest external creditor, China.

The Asian country claims about $1.7 billion of the entire external debt portfolio of $5.7 billion which Ghana is seeking to restructure.

German Ambassador to Ghana, Daniel Krull said that his country is willing to help only if certain conditions are met.

“First of all, we insist that those measures that can be taken here in this country have to be taken. The second condition is that, yes, we are willing to take our share of responsibility as one of the major bilateral donors to Ghana.

Previous Post

NPP slams NDC for kicking against EC’s proposed new CI

Next Post

2024 polls: NDC’s best candidate is ‘politically wounded’ Haruna Iddrisu – Wontumi

Related Posts

Speaker can’t see my face because there’s a pillar in front of me – Evalue Ajomoro Gwira MP explains silence in parliament
POLITICS

Speaker can’t see my face because there’s a pillar in front of me – Evalue Ajomoro Gwira MP explains silence in parliament

March 30, 2023
Nana Akomea fires Zanetor
POLITICS

Did your father ever visit ‘antoa’ as a sitting president? – Nana Akomea fires Zanetor

March 30, 2023
Martin Amidu
POLITICS

Anas vs. Ken Agyapong: True anti-corruption crusaders don’t hide behind masks – Martin Amidu writes

March 30, 2023
 Ibrahim Murtala Mohammed
POLITICS

I have a problem with Fifi Kwetey’s WhatsApp line-up of loyal NDC MPs – Murtala

March 28, 2023
Philip Basoah
POLITICS

BREAKING: NPP MP for Kumawu Philip Basoah has died

March 28, 2023
Mahama Ayariga
POLITICS

I don’t have evidence Akufo-Addo’s ministers lured NDC MPs with money – Ayariga

March 28, 2023
Next Post
NDC’s best candidate

2024 polls: NDC’s best candidate is ‘politically wounded’ Haruna Iddrisu – Wontumi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BREAKING: Mahama officially declares intention to contest for presidency

BREAKING: Mahama officially declares intention to contest for presidency

February 21, 2023
soldiers at ashaiman

Ashaiman: More than 72 people arrested by soldiers – Ashaiman MP

March 7, 2023
Alabi Picks Forms For Mahama

Prof. Alabi Picks Forms For Mahama; Says Economy Is In Shambles, Ghanaians Need Him Back

February 22, 2023
National Cathedral

Okudzeto Ablakwa Drops Bombshell; Publishes The Mother Of All National Cathedral Scandals

January 16, 2023
NDC Primaries: Ten under 40 MP aspirants to watch

NDC Primaries: Ten under 40 MP aspirants to watch

February 14, 2023
NDC suspends all parliamentary campaign

BREAKING: NDC Changes Its Leadership In Parliament

January 24, 2023
ghost businessman’s bribe to keep Haruna Iddrisu in office

NDC’s new minority leader rejected ghost businessman’s bribe to keep Haruna Iddrisu in office

January 27, 2023
Kusi Boateng

Ablakwa strips Rev. Kusi Boateng ‘naked’ with shocking GRA evidence

January 20, 2023
NDC suspends all parliamentary campaign

BREAKING: NDC Changes Its Leadership In Parliament

10
Ablakwa

How Adom-Otchere triggered Ablakwa to release latest set of allegations against Rev. Kusi Boateng

9
Dr Peter Appiahene

Video of newly appointed EC commissioner Dr Peter Appiahene defending Akufo-Addo’s gov’t pops up

8
Sophia Akuffo

‘You don’t solve your problems by sacrificing the aged’ – Sophia Akuffo

8
James Keck Osei

Details of how Director of Administration at vice president’s office attempted to steal a businessman’s imported rice

8
NDC Parliamentary leadership

Backbenchers anger, 2024 elections: The confirmed and reported reasons behind NDC’s parliamentary ‘coup’

7
soldiers at ashaiman

Ashaiman: Soldiers beat up civilians after alleged mob killing of soldier

7
Asiedu Nketia

Asiedu Nketia explains change in NDC’s parliamentary leadership

6
Speaker can’t see my face because there’s a pillar in front of me – Evalue Ajomoro Gwira MP explains silence in parliament

Speaker can’t see my face because there’s a pillar in front of me – Evalue Ajomoro Gwira MP explains silence in parliament

March 30, 2023
Nana Akomea fires Zanetor

Did your father ever visit ‘antoa’ as a sitting president? – Nana Akomea fires Zanetor

March 30, 2023
Clashes between police, soldiers

Clashes between police, soldiers reckless; military must stop misbehaving – Peace Watch Ghana

March 30, 2023
Martin Amidu

Anas vs. Ken Agyapong: True anti-corruption crusaders don’t hide behind masks – Martin Amidu writes

March 30, 2023
Pope Francis

Pope Francis in hospital with respiratory infection

March 30, 2023
 Ibrahim Murtala Mohammed

I have a problem with Fifi Kwetey’s WhatsApp line-up of loyal NDC MPs – Murtala

March 28, 2023
Philip Basoah

BREAKING: NPP MP for Kumawu Philip Basoah has died

March 28, 2023
Gold Mafia

Gold Mafia: Gold smuggler sneaks $40 million worth of gold out of Ghana every month

March 28, 2023

Recent News

Speaker can’t see my face because there’s a pillar in front of me – Evalue Ajomoro Gwira MP explains silence in parliament

Speaker can’t see my face because there’s a pillar in front of me – Evalue Ajomoro Gwira MP explains silence in parliament

March 30, 2023
Nana Akomea fires Zanetor

Did your father ever visit ‘antoa’ as a sitting president? – Nana Akomea fires Zanetor

March 30, 2023
Clashes between police, soldiers

Clashes between police, soldiers reckless; military must stop misbehaving – Peace Watch Ghana

March 30, 2023
Martin Amidu

Anas vs. Ken Agyapong: True anti-corruption crusaders don’t hide behind masks – Martin Amidu writes

March 30, 2023
InsiderGH.com

InsiderGH.com is the fastest growing socio-political news portal in Ghana. Get all breaking news updates, latest news headlines, local and international stories, showbiz, lifestyle etc.

Follow Us

Browse by Category

  • Apps
  • Business
  • Entertainment
  • Fashion
  • Food
  • Gadget
  • Gaming
  • GENERAL NEWS
  • Health
  • INTERNATIONAL NEWS
  • Lifestyle
  • Mobile
  • Movie
  • Music
  • News
  • OPINION
  • POLITICS
  • Review
  • SCHOLARSHIP
  • Science
  • SPORTS
  • Startup
  • Tech
  • Travel
  • World

Pages

  • ABOUT US
  • CONTACT US
  • Cart
  • Checkout
  • DISCLAIMER
  • HOME
  • My account
  • PRIVACY POLICY
  • Shop
  • Store Affiliates
    • Affiliate Login
    • Register
  • Terms and Conditions
  • TERMS OF USE

Copyright © 2020 - 2023, InsiderGH.com. All rights reserved.

No Result
View All Result
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment

Copyright © 2020 - 2023, InsiderGH.com. All rights reserved.

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

InsiderGH.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.