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China to talk with Ghana over debt restructuring proposal – Foreign Ministry

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Alleged fraudulent purchase of mission house in Norway denied by Foreign Affairs Ministry

Toronto, Canada - April 22: Ghana's Minister of Foreign Affairs Shirley Ayorkor Botchway on April 22, 2018 in Toronto, Canada. (Photo by Thomas Trutschel/Photothek via Getty Images)

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China’s foreign ministry says, China would like to enhance communications with Ghana to seek proper resolution of Ghana’s debt issue.

Spokesperson Wang Wenbin made the remark in response to a question on Ghana’s finance minister visiting Beijing for a proposed restructuring of Ghana’s debt.

Ghana’s finance minister Ken Ofori-Atta left for Beijing on Wednesday to meet Chinese officials to discuss a proposed restructuring of Ghana’s debt.

The country is struggling with its worst economic crisis in a generation, and has secured a staff-level agreement with the International Monetary Fund (IMF) in December for a $3 billion loan.

China is Ghana’s biggest bilateral creditor with about $1.7bn

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