Finance Minister Ken Ofori-Atta says Ghana has secured assurances from both China and France regarding the Memorandum of Outstanding (MoU) for the restructuring of the country’s external bilateral debts.
This was in response to a question he was asked by journalists at the Annual International Monetary Fund/World Bank meetings in Marrakesh, Morocco, Mr Ofori-Atta added,
“We have met the Central Bank Governor of China and we don’t perceive any opposition or reluctance in participating positively when it comes to the Memorandum of Understanding on restructuring of our external bilateral debts” the Finance Minister said.
“The Chinese government within the past months is close to reaching a similar deal with Zambia, Sri Lanka and Suriname, so following that trend, we expect some similar cooperation from them when it comes to Ghana”.
Meanwhile, the Minister believes the IMF-World Bank Annual Meetings is an opportunity for a new beginning for the global financial architecture.
He further asked the IMF to strengthen the global financial safety net through bold reforms to the global financial architecture.
By: Rainbowradioonline.com/Ghana
