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

Ghana receives $3bn World Monetary Fund bailout – BBC Info
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Ghana has true signed a brand unique bailout programme with the World Monetary Fund (IMF) price $3bn (£2.4bn).

Ghana, prolonged viewed as one of Africa’s finest speed worldwide locations, has been struggling to get better from the mixed effects of the area Covid pandemic and the battle in Ukraine.

President Nana Akufo Addo admitted closing October that the country was once “in crisis” citing “malevolent forces [that] beget attain together at the an analogous time”.

However the opposition moreover blames the crisis on what it calls the “execrable mismanagement” of the economy – an allegation the authorities has denied.

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