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IMF Board Set To Approve US$600m Loan On Friday – Sources

The West African country defaulted on most external debts in December 2022 after servicing costs soared.

The West African country defaulted on most external debts in December 2022 after servicing costs soared.

Ghana will reengage with its international bondholders from next week, finance minister Ken Ofori-Atta told Reuters on Monday, as the country seeks to build on the momentum of a deal last week to restructure $5.4 billion of official creditor debt.

The West African country defaulted on most external debts in December 2022 after servicing costs soared.

Ghana will reengage with its international bondholders from next week, finance minister Ken Ofori-Atta told Reuters on Monday, as the country seeks to

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The International Monetary Fund executive board is due to meet on Friday to approve a $600 million rescue loan payout to Ghana, three sources told Reuters, after the country reached a deal to...

The International Monetary Fund (IMF) executive board is due to meet on Friday to approve a 600-million-dollar rescue loan payout to Ghana. Three sources told Reuters that this came after the country reached a deal to restructure 5.4 billion dollars of official creditor debt. The board date is expected to be published in the IMF’s

The country will also re-engage with its international bondholders from next week, as it seeks to build on the momentum of a deal last week to restructure $5.4 billion of bilateral debt.