Africa, Business, Eurobond, GDP, Ghana, Government, Invesments, Uncategorized

Ghana’s Eurobond to grow economy

Reflex Eco Group – Ghana news

by Akwasi Agyeman-Dua (Local journalist)

The economy of Ghana has suffered some challenges since the beginning of this year, resulting in slow growth.

Personal, private and government businesses have been severely affected. Fortunately a US$1 billion Eurobond floated by the government in July this year has been oversubscribed and the money is to be invested in infrastructural development.It is hoped that this will enable the government to settle its indebtedness to contractors and also embark on new projects.

The over-subscription of the Eurobond has demonstrated a renewal of confidence in Ghana’s economy.

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One thought on “Ghana’s Eurobond to grow economy

  1. Pingback: Revamping The Economy of Ghana? | Waliu Ibrahimah Aforlabi [Livurdreamz]

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