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Ghana secures $360m World Bank backing ahead of eurobond payment

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© Allen Dreyfus
  • Disbursement arrives days before $3bn coupon due July 3
  • IMF also expected to release $370m, lifting reserves above $11bn

Accra, Ghana – Ghana has secured $360 million in budget support from the World Bank ahead of a $3 Eurobond coupon payment due on July 3, the second such payment since last year’s $13 billion debt restructuring.

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