Government has extended the expiration of the Domestic Debt Exchange programme from Monday, January 16, 2023 to the 31st of January 2023.
In a tweet by the Minister of Finance, Ken Ofori-Atta, the decision is ”to allow for consensus building, which is key to a successful economic recovery for the country”.
He said it is necessary pending further stakeholders’ engagement with institutional and individual investors, who were recently invited to join the debt exchange programme.
Meanwhile, analysts have described the move as a ”good one”, asking that the government take advantage to ensure a workable exchange program that allows the government to iron out the issues relating to Individual Bond Holders, among other issues.
More especially, there should be consensus to ensure everyone is carried along in the IMF program.
