Finance Minister Dr Mohammed Amin Adam has announced that the government, in the coming days, will launch an exchange offer to bondholders, marking a critical step in the external debt restructuring journey.
He said the exchange offer reflected the terms agreed in principle with bondholders on June 24th, including important concessions from bondholders.
The Minister said this step would ensure a fair burden sharing between domestic, official, and commercial external creditors.
He announced this at the monthly press briefing on Ghana’s economy, highlighting the recent development in the government’s effort to restructure its external debts.
Dr Amin said the exchange would be open for 21 days, adding that the government counted on the full support of the bondholder community, both abroad and in Ghana, to reach high participation levels.
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