Government Extends Expiration Of Domestic Debt Exchange Program To End Of January 2023

The government has extended the Domestic Debt Exchange program’s expiration date from January 16th, 2023, to January 31st, 2023.

The decision was made “to allow for consensus building, which is vital to a successful economic recovery for the country,” according to a tweet from Finance Minister Ken Ofori-Atta.

He said, stakeholders must continue to interact with the institutional and private investors who have just been asked to participate in the debt exchange program.

Analysts have called the decision a “positive one” and urged the government to seize the opportunity to ensure a successful exchange program that would enable it to resolve difficulties pertaining to Individual Bond Holders and other matters.

To ensure that everyone is included in the IMF program, there should be agreement in particular.