Ghana President calls for fairer debt restructuring tools
President John Dramani Mahama told a London conference that global debt mechanisms must become more inclusive to support development. He urged the UK to shift its focus from aid to investment while highlighting Ghana's ongoing economic recovery.
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President John Dramani Mahama of Ghana called for faster and fairer global debt restructuring mechanisms during a midday conference in London on June 3. The appeal follows Ghana recovering from a 2022 debt default that required the restructuring of external and domestic obligations. The gold and cocoa-producing nation is now seeking to shift its economic relationship with the United Kingdom from aid toward investment.
