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Reuters
Reuters
Business
By Jorgelina do Rosario and Christian Akorlie

RARE PHOTOS: Ghana set to request g20 common framework debt restructuring on tuesday sources | Vintage Vibes

FILE PHOTO: A man trades U.S. dollars for Ghanaian cedis at a currency exchange office in Accra, Ghana, June 15, 2015. Picture taken June 15. REUTERS/Francis Kokoroko

Ghana requested on Tuesday to restructure its bilateral debt under the common framework platform supported by the Group of 20 major economies, a source familiar with the situation told Reuters.

The crisis-hit nation becomes the fourth country to apply to the G20 initiative launched in 2020 and designed to streamline debt restructuring efforts in the wake of poorer countries buckling under the fallout from the COVID-19 pandemic.

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