Monday, February 6, 2023

Ghana, China, and Debt Relief

 Reuters published on 4 February 2023 an article titled "China Must Join Ghana Debt Restructuring Effort Soon, Germany's Lindner Says" by Christian Akorlie and Cooper Inveen.  

Ghana is trying to restructure its $39 billion external debt in an effort to obtain a $3 billion loan from the International Monetary Fund.  Germany's finance minister singled out China during a visit to Ghana to do its part to restructure the country's debt.