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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…
In a tweet, the Finance Ministry said “The Paris Club has today established the OCC (co-chaired by China & France). With the granting of Financing Assurances, Ghana is now ready to go to the IMF Board. Thank you to all our bilateral partners for helping us reach this significant milestone!”
China and the Paris Club have agreed to provide the debt assurances required to aid Ghana’s request for a balance
The International Monetary Fund (IMF) has said that Sri Lanka has received financial assurances from all major bilateral creditors, Sri Lanka-based Daily Mirror