Ghana: Banks receive 2nd payment of VRA ‘legacy debt’

This was part of schedule of payment as agreed between the banks and government. The Ministry of Finance, the Bank of Ghana (BoG), and the Ghana Bankers Association in August announced a roadmap aimed at clearing the Volta River Authority’s (VRA) ‘legacy debt’ of GHS4.4 billion, after an initial payment of GHS250 million. The President […] Read Full Story