President Akufo-Addo is making another clarion call on friends of Ghana to put in a word of support as talks between Ghana and the Paris Club – especially China – for debt cancellation enter a crucial stage.
The Paris Club is a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries.
Ghana hopes to appear before the International Monetary Fund (IMF) board to seek approval for a bailout.
But the government will first have to get confirmation that the over $4 billion debt owed to the Paris Club members will be forgiven or restructured.
Officials of China’s Exim Bank are in the country for talks with government.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma
