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Tag Archives: haircuts

Domestic Debt Exchange: Economist educates Ofori-Atta, Gabby on ‘implicit haircuts’

Minister of Finance Ken Ofori-Atta announced a Domestic Debt Exchange on December 4, 2022; with the view that details of the said programme will be presented today, December 5. One of three key points he put out in his four-minute address was the fact that there “There will be NO …

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Finance ministry announces possible ‘haircuts’

The Ministry of Finance has announced the government is looking into the possibility of conducting a debt operation that will cover the terms of payments of principal and interest on public debts (government bonds) – ‘Haircut’. The ministry indicated that the move will help reduce the pressure on the government’s …

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