Accra, Wednesday 19th February, 2020. Reference is made to a press release by the Chamber of Bulk Oil Distributors (CBOD) on the 10th February, 2020 announcing the final settlement in full of all legacy debts due the BDCs and Banks from the period July 2011 – June 2015 plus interest up until 31st March, 2018.
2021 - 2024 Budget Preparation Calendar
The 2021-2024 Budget Preparation Calendar which outlines the programmes required for effective budget development, is being forwarded for your information.
February 2020 2-Year Treasury Bond Issuance Announcement (Rollover)
Book-build opens 9:00AM ,Wednesday, 12, February 2020.Revised Pricing Guidance (released as necessary during the Book-build).Revised and Final Pricing Guidance (released as necessary during the Book-build).Books are expected to close around 2:30PM on Thursday
International Capital Markets Reaffirm Confidence in Ghana, as Bond Issuance Results in order book 5 times Required Amount
On Tuesday, Ghana became the first ever country on the African continent to issue a 41-year bond, as the West African country successfully raised US$3 billion in the international debt capital markets.
2020 Budget Implementation Instructions
Following the passage of the Appropriation Act, 2019, (Act 1008) by Parliament, the Ministry has issued this Budget Implementation Instructions in accordance with the Public Financial Management Act, 2016 (Act 921), to guide all Ministers (Principal Account holders) and Chief Directors (Principal spending officers) in the implementation of the 2020 Budget.
Moody's Changes Ghana's Outlook from Stable to Positive, Affirms B3 Rating
Reference is made to a publication by Moody’s from their New York Office, on 24th January, 2020 that the Rating Agency had affirmed Ghana's long-term issuer and senior unsecured bond ratings at B3 and changed the outlook from stable to POSITIVE.