![](\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/09\/Gerry-Rice-1024x576.jpeg\")
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The International Monetary Fund (IMF) has cooled speculations that Ghana is poised to start talks on the restructuring of its debt as part of plans to secure a $3 billion loan from the Fund.<\/p>\n
According to the Bretton Woods Institution, the restructuring of Ghana\u2019s debt will be dependent on the outcome of its Debt Sustainability Analysis (DSA) Report.<\/p>\n
The IMF Director of Communications, Gerry Rice who disclosed this at a news conference in Washington DC said the DSA report will indicate if there is a need for debt restructuring in the first place and if necessary, how it should be carried out as well as which areas will be affected.<\/p>\n
\u201cWhen a country requests financing from the IMF, we assess whether the country\u2019s policies are consistent with debt sustainability as one of our requirements.<\/p>\n
\u201cWe still need to conduct a thorough update of the debt situation in Ghana through our Debt Sustainability Analysis.<\/p>\n
\u201cThe last, I don\u2019t know if it\u2019s useful, I have here the last DSA, Debt Sustainability Analysis. We published this as part of the 2021 Article IV Staff Report with Ghana.<\/p>\n
\u201cIt said public debt was a sustainable conditional on a rigorous and credible implementation of the authority\u2019s medium-term consolidation plan to put debt on a declining trajectory and ensure continued market access,\u201d Mr Rice stressed.<\/p>\n
This, he said will inform the next line of action as government and the Fund remain committed to ensuring no harm is done to the interest of stakeholders as a result of this program.<\/p>\n
Meanwhile, the IMF team are in town to continue official negotiations with government for the loan request.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
The International Monetary Fund (IMF) has cooled speculations that Ghana is poised to start talks on the restructuring of its debt as part of plans to secure a $3 billion loan from the Fund. According to the Bretton Woods Institution, the restructuring of Ghana\u2019s debt will be dependent on the outcome of its Debt Sustainability […]<\/p>\n","protected":false},"author":1,"featured_media":1211856,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[1580,1009,3074,11160,15882],"class_list":["post-1211855","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-debt","tag-early","tag-imf","tag-restructuring","tag-speculate"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1211855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1211855"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1211855\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1211855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1211855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1211855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}