{"id":9051,"date":"2024-12-04T07:44:23","date_gmt":"2024-12-04T07:44:23","guid":{"rendered":"https:\/\/www.fishfmonline.com\/?p=9051"},"modified":"2024-12-04T07:48:17","modified_gmt":"2024-12-04T07:48:17","slug":"govt-to-settle-restructured-debts-in-two-years-finance-minister","status":"publish","type":"post","link":"https:\/\/www.fishfmonline.com\/?p=9051","title":{"rendered":"Gov\u2019t to settle restructured debts in two years \u2013 Finance Minister"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Finance Minister, Dr. Mohammed Amin Adam, has expressed confidence in the government\u2019s ability to meet all obligations on restructured debts within the next two years, following the country\u2019s improving economic outlook.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Addressing journalists at the monthly economic press briefing, he pointed to significant strides made in the past months as evidence of an economic rebound.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He assured that individuals and businesses affected by the debt restructuring would soon recover their investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI do not have any doubt that in a year or two, those who have lost money will recover their money,\u201d Dr. Adam said.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"ose-youtube ose-uid-cd17e9c8f20925ffd87cf68c7ee08d02 ose-embedpress-responsive\" style=\"width:400px; height:400px; max-height:400px; max-width:100%; display:inline-block;\" data-embed-type=\"Youtube\"><iframe loading=\"lazy\" allowFullScreen=\"true\" width=\"400\" height=\"400\" src=\"https:\/\/www.youtube.com\/embed\/7QIGpt4iDEc?feature=oembed&color=red&rel=0&controls=1&start=&end=&fs=0&iv_load_policy=0&autoplay=0&mute=0&modestbranding=0&cc_load_policy=1&playsinline=1\" frameborder=\"0\" allow=\"accelerometer; encrypted-media;accelerometer;autoplay;clipboard-write;gyroscope;picture-in-picture clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen referrerpolicy=\"origin\"><\/iframe><\/div>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">On the international front, Dr. Adam noted the government\u2019s commitment to honoring Eurobond payments. Following the successful settlement of $520 million in October 2024, he disclosed that preparations are advanced to pay off the next coupon due in January 2025.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u201cOur next coupon payment will be 2nd January; we are ready. We are not going to default; we are ready,\u201d he declared.<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Dr. Adam also painted a positive picture of Ghana\u2019s economic trajectory, emphasizing the significant growth in the economy\u2019s nominal size over the years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt is instructive to mention that, while the nominal size of the Ghanaian economy was 56 billion USD in 2016, by the end of 2023, the nominal size increased to 76 billion USD, representing an increase of 20 billion USD in seven years,\u201d he highlighted.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He further hinted that the economy is set to expand even further by the close of 2024 when official data becomes available.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister, Dr. Mohammed Amin Adam, has expressed confidence in the government\u2019s ability to meet all obligations on restructured debts within the next two years, following the country\u2019s improving economic outlook. Addressing journalists at the monthly economic press briefing, he pointed to significant strides made in the past months as evidence of an economic rebound. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[41],"tags":[2954],"class_list":["post-9051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-news","tag-govt-to-settle-restructured-debts-in-two-years-finance-minister"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9051"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9051\/revisions"}],"predecessor-version":[{"id":9053,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9051\/revisions\/9053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/9052"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}