Ghana signs 11th debt deal with EXIM India

Ghana has entered into its eleventh bilateral debt restructuring agreement. This latest deal is with EXIM India.

This agreement is a key part of Ghana's larger plan. The government wants to cut down its total debt. It also aims to bring back stability to the economy. A major goal is to rebuild trust among investors.

High debt levels have made it hard for Ghana to grow. They have also made it more difficult to borrow money at good rates. Reducing this debt is expected to free up money for important public services.

Each debt deal helps Ghana move closer to its goal. The country needs to make its debt manageable over the long term. This process is important for economic health and future growth.