Ghana to borrow $3bn from IMF

December 13, 2022

13th December 2022

Ghanaian President, Nana Akufo-Addo

Ghana has agreed on a $3 billion credit deal with the International Monetary Fund, the multilateral lender said on Tuesday, as the country battles its worst economic crisis in decades.

The West Africa state is facing more than 40 percent inflation, growing debt and a sharp decline in its cedi currency since the start of the year.

AFP

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Ghana to borrow $3bn from IMF

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