Ghana Plan to Cut Interest Costs Gets Pushback From Local Funds
Published on: Monday 05 December 2022
(Bloomberg) -- Ghana’s request that private pensions forfeit some interest payments on government bonds to help it restructure debt and qualify for $3 billion of International Monetary Fund support has received short shrift from local funds.Most Read from Bloomberg‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks ConcernWall Street Goes Risk Off as Bank CEOs Sound Alarm: Markets WrapEx-Deutsche Bank Trader Builds $6 Billion Fortune on Trading BoomThird Russian Airfield Hit by Drone