Ben
According to Deputy Minister for Finance John Kumah, Ghana is expected to receive a bailout from the International Monetary Fund (IMF) in the near future. Kumah stated that Ghana is hopeful about securing the Paris Club financing agreement soon, following discussions with bilateral and multilateral partners.
Although he couldn’t give an exact timeline, he assured the media that talks with the IMF have been progressing well, and board-level approval of the loan will happen soon. President Nana Addo Dankwa Akufo-Addo has also appealed to the Japanese government to support Ghana in securing the deal from the IMF. The Economic Intelligence Unit in London has predicted that the IMF’s board will likely approve the US$3 billion extended credit facility for Ghana by mid-2023.
_
Source.Omanghana.com
