ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

BoG Governor pushes for predictable Global Sovereign Debt roundtable negotiations

Wed, Oct 15 2025 5:48 AM
in Ghana General News
bog governor pushes for predictable global sovereign debt roundtable negotiations
0
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
ADVERTISEMENT

BoG Governor pushes for predictable Global Sovereign Debt roundtable negotiations

The Governor of the Bank of Ghana (BoG) has urged stronger global commitment to predictable debt restructuring and improved transparency under the Common Framework and Global Sovereign Debt Roundtable.

“While we welcome progress under the Common Framework and the Global Sovereign Debt Roundtable, we urge deeper commitment to predictable implementation and improved debt transparency,” he said.

The Governor made the appeal during the African Caucus meeting with IMF Managing Director Kristalina Georgieva on the sidelines of the IMF/World Bank Annual Meetings in Washington, D.C., USA.

Ghana and Global Sovereign Debt Roundtable Discussions

Launched in 2023, the Global Sovereign Debt Roundtable aims to build greater understanding among key stakeholders on debt and restructuring challenges, address shortcomings in restructuring processes, and promote coordinated solutions both within and outside the Common Framework.

It has helped foster alignment on principles and practices that support smoother debt restructuring. The initiative, co-chaired by the IMF, World Bank, and the G20 Presidency (currently South Africa), includes bilateral creditors (Paris Club and non-Paris Club members), private creditors, and borrowing countries.

ReadAbout

Minority raises red flag over Telecel takeover of AT, alleges secret dealings

Manso Nkwanta Chief urges residents to embrace peaceful engagement with Asanko Gold

Polls putting me at 1% are sponsored and meaningless, real polls are on the ground – Bryan Acheampong

The platform has played a significant role in Ghana’s debt restructuring efforts with both bilateral and commercial creditors since December 2022.

The programme is expected to help reduce Ghana’s debt-to-GDP ratio from about 90% to 55% by 2028. However, recent Bank of Ghana data suggests the country may have achieved this milestone ahead of schedule.

The government recently announced the signing of a Bilateral Debt Restructuring Agreement with the Kingdom of Spain, marking the fifth such agreement under Ghana’s official creditor framework. This has contributed to lowering Ghana’s total debt stock to about GH¢628.9 billion, representing a 44.9% debt-to-GDP ratio.

BoG Governor pushes for predictable Global Sovereign Debt roundtable negotiations

Credit rating agencies have also cited Ghana’s progress in restructuring bilateral debt as a major reason for improving the country’s credit outlook.

Supporting the IMF

Speaking at the same programme, Dr. Johnson Asiama reiterated the importance of a well-resourced IMF to reinforce its central role in the global financial safety net amid growing international economic pressures.

“A resilient IMF is essential to help countries—especially in Africa—manage persistent shocks and maintain stability,” he stated.

He called for stronger concessional lending and timely, predictable support, emphasising that completing the 16th General Review of Quotas (GRQ) and advancing quota realignment in the 17th GRQ are vital for fair representation and enhanced IMF effectiveness.

Dr Asiama also stressed the need for stronger fiscal institutions to promote transparent and accountable borrowing aligned with national development goals while reducing vulnerabilities.

On strengthening risk management frameworks, he highlighted the need for the IMF to proactively safeguard financial stability amid Africa’s accelerating digital transformation and the growing interdependence between banks and governments.

“Innovations like artificial intelligence, blockchain, and digital currencies present both opportunities and risks,” he noted.

He further called for enhanced IMF technical support to bolster cybersecurity, strengthen risk-based supervision, and advance coordinated macroprudential policies to ensure resilient financial systems across Africa.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

About Author

c16271dd987343c7ec4ccd40968758b74d64e6d6c084807e9eb8de11a77c1a1d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

Minority raises red flag over Telecel takeover of AT, alleges secret dealings

Minority raises red flag over Telecel takeover of AT, alleges secret dealings

0
Manso Nkwanta Chief urges residents to embrace peaceful engagement with Asanko Gold

Manso Nkwanta Chief urges residents to embrace peaceful engagement with Asanko Gold

0

Polls putting me at 1% are sponsored and meaningless, real polls are on the ground – Bryan Acheampong

Hohoe MP’s Education for All project benefits 500 students 

Bryan Acheampong calls for a 90-day suspension of all mining activities to restore water bodies

Gyakie lands multiple Grammy considerations for ‘After Midnight’ album

We are confident of addressing SHS placement concerns before reopening date— MOE

I’ll not contest New Juaben South seat again – Micheal Okyere

High transport costs weigh heavily on rice farmers – IFS Report

How Bawumia made people filthy rich

  • Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    0 shares
    Share 0 Tweet 0
  • Haruna Iddrisu urges review of salary disparities between doctors in academia and health service

    0 shares
    Share 0 Tweet 0
  • No justification for higher GAF entry age – Col. Festus Aboagye (Rtd.)

    0 shares
    Share 0 Tweet 0
  • Farewell, River Ayensu

    0 shares
    Share 0 Tweet 0
  • OSP declares former Finance Ministry Advisor wanted over SML corruption probe

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.