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The treasury has received $600 million in vital IMF funds but doubts persist on a deal with creditors before election campaigning starts, At the start of a crucial election year, President Nana Addo Dankwa Akufo-Addo s embattled government has some reasons to be cheerful following confirmation on 12 January by the Ministry of Finance, the IMF and World Bank of an agreement-in-principle between Ghana and the China- and France-chaired Official Creditor Committee (OCC), on restructuring US$5.4 billion of Ghana s external bilateral debts. The government has since received the second $600 million tranche under the country s $3bn Extended Credit Facility (ECF) with the IMF – leaving $1.8bn to be distributed in five $360m chunks by mid-2026.

Dankwa akufoCreditor committeeWorld bankPresident nana addo dankwa akufoFrance chaired official creditor committeeExtended credit facilityAsh flows in but debt talks drag onNana addo dankwa akufoKen ofori attaErnest addisonInflation promiseIthium deal hits peak scepticismSophia akuffoUnited statesSamuel abu jinaporHenry osei akoto