John Mahama lauds South Korea for restructuring Ghana's debt

Former President and 2024 flagbearer of the National Democratic Congress (NDC), John Dramani Mahama has expressed gratitude to South Korea for extending its debt restructuring to Ghana.

In a Facebook post on Thursday June 27, Mahama stated that this forgiveness would greatly support Ghana's debt restructuring efforts during challenging economic times.

He also mentioned that during a meeting with South Korea's Ambassador to Ghana, Park Kyongsig, they discussed plans for a $2 billion framework arrangement.

This investment, he explained will have a significant impact on major sectors such as healthcare, education, environment, and agriculture.

“This arrangement, coupled with the introduction of new rice varieties, holds immense potential for enhancing food sufficiency in Ghana,” the NDC flagbearer wrote via Facebook.

Mahama highlighted the potential for food sufficiency in Ghana through the introduction of new rice varieties as part of this arrangement.

He praised South Korea's commitment to strengthening Ghana's agricultural sector, stating that it would make a substantial difference.

“South Korea's commitment to bolstering our agricultural sector is truly commendable and will undoubtedly make a substantial difference,” John Mahama said.

Additionally, Mahama shared the National Democratic Congress' plans to establish rice mills and Farmer Service Centres to boost the agricultural sector if they win the 2024 elections.



MA/NOQ