Domestic Debt Exchange Program: New Deadline Set for Feb 7

Domestic Debt Exchange Program: New Deadline Set for Feb 7

The government of Ghana has pushed back the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023. The Finance Ministry revealed in a press statement that a new settlement date of February 14, 2023, will be confirmed through the updated Exchange Memorandum. Despite some disagreements regarding the DDEP, the Ministry stated that…

Breaking!!! E-Levy Passed Amid Boycott By Minority

Breaking!!! E-Levy Passed Amid Boycott By Minority

Parliament has completed the second reading of the Electronic Transfer (E-Levy) Bill. The Bill was adopted at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout. It is currently being considered by a Majority-sided House as some proposed amendments are carried out. This development followed a showdown between both sides on Tuesday….