Ghana: 2022 Annual Report and Financial Statement – BoG Loses Gh¢55.12bn …Following Restructuring of Govt Debt
The Bank of Ghana (BoG) incurred a loss of GH¢55.12 billion in the 2022 financial year as a result of ...
Tag: Debt
Angola: Government Reaffirms Settlement of Debt With Former Workers in the GDR
Luanda — The Angolan Government on Friday reaffirmed that it settled all debts with former national workers in the former ...
Russia Waives $684 Million Debt Owed by Somalia, Strengthening Bilateral Ties – Somali National News Agency
Saint Petersburg: In a significant move towards supporting Somalia’s economic recovery, the Russian government has officially waived over $684 million ...
IMF welcomes Zambia’s debt treatment agreement – New Business Ethiopia
The International Monetary Fund (IMF) has welcomed the debt treatment agreement reached by Zambia and its official creditors under the ...
US House passes debt ceiling bill, averting crisis – Somali National News Agency
NEW YORK, SONNA – The US House of Representatives passed a bill on Wednesday to avert a catastrophic default on ...
Somalia: IMF Completes Fifth Review of Somalia’s Long-Running Debt Relief
Washington, DC: On May 17, 2023, the Executive Board of the International Monetary Fund (IMF) completed the fifth review of ...
Nigeria: Afe Babalola Urges Incoming Federal Government to Seek Debt Relief for Nigeria
Mr Babalola also enjoined the incoming administration to cut expenditures and undertake reforms to scale down governance costs and ease ...
Kenya: Prime Cabinet Secretary Mudavadi Blames Drought, Debt, Weak Shilling for High Prices of Goods
Nairobi — Prime Cabinet Secretary Musalia Mudavadi has attributed the current high prices of food to reduced agricultural production and ...
Ethiopia’s debt distress signaled to drop from its 9 year highs
The International Monetary Fund (IMF) forecasts that Ethiopia’s external debt GDP ratio will drop further unlike ...
Nigeria: Why Govt’s Debt Is Rising As LCCI, Others List Ways Out – DMO
Lagos — The Debt Management Office, DMO, yesterday attributed Nigeria's growing debt stock to budget deficits, continuous issuance of promissory ...
