The administration is looking for endorsement from Parliament for the issuance of bonds to renegotiate developing outer bonds and costly local cedi-named debts.
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It is asking for Parliament for the issuance of the 2018 sovereign bond and the worldwide depository note to utilize $1.50 billion to renegotiate developing outer bonds, including the 2022 and 2023 Eurobonds.
It is likewise asking for endorsement to utilize GH¢500 million to renegotiate costly local cedi-designated debts.
The legislature again needs the House to give it endorsement to utilize $1 billion to back the 2018 spending plan.
The Minister of Monitoring and Evaluation, Dr Anthony Akoto Osei, remained in for the Minister of Finance, Mr Ken Ofori-Atta, to lay the administration's demand in Parliament yesterday
Subsequently, the Speaker of Parliament, Professor Aaron Mike Oquaye, alluded the demand to the Finance Committee of Parliament for thought and report.
Fund Committee
In a meeting with the Daily Graphic, the Chairman of the Finance Committee, Dr Mark Assibey-Yeboah, said a portion of the securities were costly and, along these lines, the administration needed to get the cash this year to renegotiate the bonds.
Once more, he stated, the administration needed to get to fund the 2018 spending plan, including that the advisory group would ponder the demand and present its answer to Parliament for thought.
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