IMF agrees on third review of Ghana's economic program, potentially providing $360m in funding.

The International Monetary Fund (IMF) has agreed on a third review of Ghana's economic program under the Extended Credit Facility, potentially providing $360 million in funding upon approval. Since May 2023, Ghana has received about $1.92 billion in support. Economic growth has exceeded expectations, aided by advancements in public debt restructuring and improved external sector performance. The IMF emphasizes the need for continued reforms to ensure macroeconomic stability ahead of upcoming elections.

October 04, 2024
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