Search

IMF Greenlights $600 Million Tranche for Ghana within Extensive $3 Billion Support Scheme

  • IMF releases second $600 million tranche to Ghana, bolstering healthcare, education, and infrastructure amid economic challenges.
  • Recent agreement with official creditors under the G20 Common Framework aids in stabilising Ghana’s debt situation.

 

AD sources reveal that the International Monetary Fund (IMF) has confirmed the disbursement of a $600 million tranche to Ghana. This significant financial aid, part of a $3 billion three-year rescue loan, is intended to help Ghana navigate its most severe economic crisis in recent history. An official IMF announcement is expected during a press conference at 7pm GMT.

You need an active subscription to continue reading this article.

Recent Business

breaking_news
Rwanda Inflation Slows, but Conflict in Congo Poses Economic Risks
Read More »
breaking_news
Egypt’s Inflation Cools for Third Consecutive Month
Read More »
Cellphone with webpage of African bank Ecobank Transnational Inc. on screen in front of business logo. Focus on center of phone display
Ecobank Partners With XTransfer to Enable African Businesses to Pay for Chinese Imports in Local Currency
Read More »

Recent Politics

generic-1-1024x683
Ghana Names Asiamah as Central Bank Governor as Addison Retires
Read More »
breaking_news
ECOWAS to Maintain Trade Ties with Burkina Faso, Mali, and Niger
Read More »
Ethiopia, Tigray Valley, day life
Cash Withdrawals Surge in Tigray Amid Instability Fears
Read More »

Latest Posts

Latest news insights