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Ghana is aiming to offset $10 billion in debt, as it finally receives $3 billion from the IMF

The executive board of the International Monetary Fund authorized a $3 billion, three-year loan package for Ghana on Wednesday, allowing for an immediate payout of roughly $600 million and maybe providing a way out of the biggest economic crisis the West African nation has experienced in a generation. | Pulse Nigeria
United States Kristalina Georgieva International Monetary Fund World Bank Extended Credit Facility Director Kristalina Georgieva
Source: pulse.ng

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Ghana secures Creditors financing assurances to pave way for US$3bn IMF loan approval

Ghana has received the needed financial assurances from the Paris Club – official Creditors Committee, chaired by China and France, paving way for the Board of the International Monetary Fund (IMF) to consider approving the country’s $3 billion loan-support programme. The Creditors Committee formally established on May 12, 2023, will…
France General Kristalina Georgieva Ken Ofori Atta Multilateral Development Banks Mdbs Paris Club Creditors Committee

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