All member-countries of the G20 group of economic powers are on board for a restructuring of Ghana’s debt; and Paris Club members are ready to take the first step toward forming a creditor committee, an official from the Paris Club said on Thursday. Ghana last week requested a restructuring of …
Read More »G20 suspends debt repayment for 40 African nations
The G20 countries have suspended debt payment for the world’s poorest countries, most of which are in sub-Saharan Africa, to help them get through the economic impact of the coronavirus pandemic. Finance ministers and central bank governors of the world’s largest economies agreed to freeze loan repayments until the end …
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