{"id":465226,"date":"2019-03-19T14:14:10","date_gmt":"2019-03-19T13:14:10","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=465226"},"modified":"2019-03-19T14:14:10","modified_gmt":"2019-03-19T13:14:10","slug":"ghana-toque-at-standard-bank-group","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/03\/19\/ghana-toque-at-standard-bank-group\/","title":{"rendered":"Ghana toque at Standard Bank Group"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Ghana is seeking $ 750 million negotiated as a syndicated loan from Standard Chartered Plc and Standard Bank Group Ltd, Ghana&#8217;s Ministry of Finance says.<\/p>\n<p>The amount should be used to finance infrastructure projects and refinance existing debts.<\/p>\n<p>A proposal should also be presented to the National Assembly by Finance Minister Ken Ofori-Atta, who said that the &#8220;proceeds will be used to finance or refinance development projects and for the management of accountability in Ghana. approved in the 2019 budget.<\/p>\n<p>The country needs $ 2 billion in foreign currency to finance the budget. Also, Ghana is expected to commit an additional $ 1 billion if it is able to borrow or sell at lower rates than existing liabilities.<\/p>\n<p>As a reminder, in February, the country named five banks, including StanChart and the Johannesburg-based Standard Bank, as lead arranger for a Eurobond sale.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Ghana is seeking $ 750 million negotiated as a syndicated loan from Standard Chartered Plc and Standard Bank Group Ltd, Ghana&#8217;s Ministry of Finance says. The amount should be used to finance infrastructure projects and refinance existing debts. A proposal should also be presented to the National Assembly by Finance Minister Ken Ofori-Atta, who said<\/p>\n","protected":false},"author":527297,"featured_media":465229,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12000],"tags":[13398,375],"class_list":{"0":"post-465226","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-banks-insurance","8":"tag-ghana-en","9":"tag-standard-bank-group","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ghana toque at Standard Bank Group - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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