Finance Minister, Ken Ofori-Atta, has revealed that a planned high-level government delegation to China has been postponed to late March 2023.
The Minister indicated that the decision to postpone the meeting was due to the upcoming National People’s Congress of China meeting scheduled for early March.
Ken Ofori-Atta said bilateral talks would continue ahead of this important mission.
Speaking at a bilateral meeting with German Federal Minister for Economic Cooperation and Development (BMZ), Svenja Schulz, Ofori-Atta announced that talks with China will now take place later next month.
The ministers discussed among other things, the role that the KfW played in the post-World War II revitalisation of the German economy, and the need to deploy a similar mechanism using the newly established Development Bank Ghana as a catalyst for Ghana’s economic recovery.
Under the G20 Common Framework for Debt Treatment, the government is attempting to obtain debt forgiveness from some bilateral and multilateral partners.
Among them is China, to whom Ghana owes over $1.7 billion.