Pensioners, domestic and Eurobond holders should get credit for debt sustainability, not GoldBod

Economist Professor Godfred Bopkin says Eurobond holders, domestic bondholders and pensioners who endured losses under Ghana’s debt restructuring were instrumental in restoring the country’s debt sustainability. He says their sacrifices, rather than GoldBod, provided the financial “breathing space” that has enabled Ghana to bring down its debt-to-GDP ratio and debt-servicing costs.

By Nanabanyin Brown-Addo