Posted 4/13/2024, 10:18:45 AM
Ghana Reaches Deal with IMF, Unlocking $360 Million in Financing
- Ghana reaches agreement with IMF for second review of Extended Credit Facility program
- Agreement unlocks $360 million in IMF financing subject to IMF Board approval
- Ghana has met targets for restoring macroeconomic stability and implementing reforms
- Next step is for Ghana to reach debt relief agreement with official bilateral creditors
- IMF mission chief praises Ghana's "strong progress" and looks forward to continued reform efforts
