Debt restructuring measures announced by Gov’t will lead to further downgrading of the economy-Ato Forson

Ranking Member on the Finance Committee of Parliament Dr Casseil Ato Forson says the domestic debt restructuring measure announced by Finance Minister Ken Ofori Atta today will further downgrade Ghana’s economic outlook by rating agencies.

He revealed that these measures which makes Ghana the first country on the continent to do so, will lead to a loss of investment by various investors hence will further dampen the country’s already sinking economy.

He made this during a debate in parliament on the 2023 budget on December 4th, 2023.



December 14, 2022

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