Ghana Seeks New $1 Billion Loans Weeks After Exiting IMF Program

Ghana's Mahama administration is seeking parliamentary approval for nearly $1 billion in fresh loans, just nine weeks after the country exited its International Monetary Fund (IMF) Extended Credit Facility (ECF) programme, prompting questions about its fiscal strategy.

22 Jul, 05:49 — 22 Jul, 05:49

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myjoyonlineMixed36d ago

9 weeks after IMF exit, gov’t is back for $1bn in loans – Oppong Nkrumah questions fiscal strategy

He argues that barely nine weeks after Ghana exited the International Monetary Fund (IMF) Extended Credit Facility (ECF) programme, the Mahama administration is back in Parliament seeking approval for almost $1 billion in fresh loans.

By Abubakar Ibrahim

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Ghana Seeks New $1 Billion Loans Weeks After Exiting IMF Program

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9 weeks after IMF exit, gov’t is back for $1bn in loans – Oppong Nkrumah questions fiscal strategy

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