Ghana says it has signed a memorandum of understanding with its official creditors, an essential process in restoring the viability of its public finances.
Finance minister, Cassiel Ato Forson, says this formalises a debt restructuring plan agreed to with its Official Creditor Committee in June last year.
The reworking of its debt has been a long-standing issue for the gold and cocoa-producing country after it defaulted on most of its external borrowing in 2022.
But now it says all participating creditor countries have signed the deal.
It marks a strategic turning…
