Ghana wants to issue a Eurobond of up to $1.5 billion - higher than an originally planned $1 billion - by September for debt financing and budget support, deputy finance minister Cassiel Ato Forson said on Tuesday.
Ghana wants to issue bigger $1.5 bln
The minister did not go into the reasons for the increase, but it had been approved by the International Monetary Fund, a senior government official told Reuters, requesting not to be named.
Ghana's finance minister Seth Terkper was presenting a reviewed 2015 budget including the larger Eurobond to parliament on Tuesday.
The government of the cocoa, gold and oil-producing West African nation had planned to issue the $1 billion Eurobond by the end of June, but has been pushed back to September.
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