Ghana receives $3bn Global Monetary Fund bailout – BBC Info

Ghana receives $3bn Global Monetary Fund bailout – BBC Info

Ghana has correct signed a brand recent bailout programme with the Global Monetary Fund (IMF) fee $3bn (£2.4bn).

Ghana, lengthy viewed as one of Africa’s most engaging high-tail countries, has been struggling to salvage better from the mixed effects of the enviornment Covid pandemic and the battle in Ukraine.

President Nana Akufo Addo admitted closing October that the nation used to be “in crisis” citing “malevolent forces [that] have come collectively on the same time”.

But the opposition also blames the crisis on what it calls the “wretched mismanagement” of the economy – an allegation the government has denied.

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