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Search resuls for: "Karin Strohecker Jorgelina Do Rosario Christian Akorlie"


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LONDON/ACCRA, Jan 4 (Reuters) - Ghana is poised to request debt relief via the G20 Common Framework programme and has sought reassurances that the negotiations can be expedited before proceeding, sources told Reuters. In December, Ghana launched a domestic debt exchange and later said it would default on nearly all of its $28.4 billion of external debts. If it received such assurances, the government would quickly sign onto the Common Framework, the source said, speaking on condition of anonymity. Another source with knowledge of Ghana's debt restructuring said it was hard to see any other outcome for Ghana than signing up to the Common Framework as they have left themselves no other options. The Common Framework, designed to allow for speedy debt reworks, has been widely criticised for its glacial progress.
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