Dr. Theo Acheampong
Political risk analyst Dr. Theo Acheampong is optimistic about Ghana's economic future post-debt restructuring, citing positive indicators such as 4% quarter-on-quarter growth and IMF approval of the second review.
He anticipates increased investor confidence and financial resources due to debt write-offs and deferred repayments from restructuring deals, including with independent power producers.
Despite Finance Minister Dr. Mohammed Amin Adam's bullish outlook on the benefits, Acheampong remains cautious, suggesting the impact may take longer than expected.
He highlights recent negotiations' successes, including restructuring $5.1 billion with official creditors and $13.1 billion with Eurobond holders, aiming to reduce Ghana's debt burden significantly by 2028.
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