Ghana Unlocks $367 Million Disbursement From IMF After Review

Ghana Unlocks $367 Million Disbursement From IMF After Review

Ghana will receive another $367 million disbursement from the International Monetary Fund after passing the fourth review of its $3 billion program with the Washington-based lender.

IMF approves $367 million disbursement to Ghana after fourth review

IMF Approves $370 Million Disbursement as Ghana Advances Economic Reforms

The International Monetary Fund (IMF) announced on Monday that Ghana has made significant progress in its economic reforms and debt restructuring efforts, six months after the government initiated the program. The completion of the fourth review of Ghana’s extended credit facility arrangement paves the way for the release of $370 million, part of a $3 billion rescue package aimed at stabilizing the West African nation’s economy. Ghana, a major p…

IMF approves $367 million disbursement to Ghana after successful fourth review

The International Monetary Fund completed the fourth review under its Extended Credit Facility arrangement with Ghana, unlocking the disbursement of $367 million.

IMF Applauds Ghana’s Reforms, Debt Structure

Ghana is making notable progress in its economic reform efforts and debt restructuring, the International Monetary Fund (IMF) said on Monday, six months after President John Mahama assumed office. Mahama, who returned to power following a sweeping victory in December, took office in January amid one of the worst economic crises the gold- and cocoa-rich nation has faced in years. Since then, his administration has been working to reset the econom…

IMF approves Ghana’s 4th ECF review, paving way for $370 Million disbursement

The International Monetary Fund (IMF) Executive Board has approved Ghana’s fourth review under the Extended Credit Facility (ECF) Programme, unlocking a substantial $370 million disbursement to support Ghana’s ongoing economic recovery efforts. This approval announced by the Minister of Finance, Dr Cassiel Ato Forson reflects the IMF’s endorsement of Ghana’s firm commitment to fiscal discipline, macroeconomic stability, and long-term structural …