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BOST pays $585 million trade debt within four years - MD


BOST pays $585 million trade debt within four years - MD

September 28, 2021 at 9:21 AM

The management of the Bulk Oil Storage and Transportation (BOST) Company Limited, has paid $585 million of its $624 million trade debt it inherited in 2017 via Internally-Generated Funds over the past four years.Mr Edwin Alfred Provencal, the Managing Director of BOST, who announced this at the Minister's briefing, in Accra, on Sunday, said the Company's trade debt now stood at $39 million, saying that 73 percent of the debt was paid through its IGF while government paid 27 percent.

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