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Ghana plans to borrow $633 million today after a recent undersubscription, amid banking reforms.
Ghana's government plans to borrow $633 million via treasury bills today, following an undersubscription of $280 million in a recent auction.
This marks the first undersubscription in four weeks despite falling interest rates.
The Bank of Ghana is also implementing several regulatory reforms to enhance banking sector stability, including a five-year credit ban for loan defaulters.
Additionally, the Bank plans further monetary easing if macroeconomic conditions improve, aiming to support economic growth.
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Ghana planea pedir prestado $633 millones hoy después de una reciente suscripción insuficiente, en medio de las reformas bancarias.