The International Development Association (IDA) of the World Bank has made a guarantee payment of three hundred and seventy-two million dollars on behalf of the government of Ghana to cover the Eurobond.
This comes after the Government of Ghana defaulted on its coupon payment for the 2030 Eurobond on April 14, 2023, due to the debt moratorium declared on December 19, 2022.
As Atiewin Mbillah Lawson in Accra reports the payment was made on April 20, 2023.
