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

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

Ghana has factual signed a brand contemporary bailout programme with the Global Monetary Fund (IMF) value $3bn (£2.4bn).

Ghana, lengthy considered as one of Africa’s most attention-grabbing bustle countries, has been struggling to improve from the combined results of the area Covid pandemic and the battle in Ukraine.

President Nana Akufo Addo admitted last October that the country turn out to be “in disaster” citing “malevolent forces [that] dangle come collectively on the same time”.

However the opposition additionally blames the disaster on what it calls the “corrupt mismanagement” of the economy – an allegation the authorities has denied.

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