Ghana considering a return to the IMF?

Just two and a half years after Ghana rejected advice from the International Monetary Fund (IMF) to extend its Extended Credit Facility programme – begun in 2015 and ended in 2019 – the country’s fiscal difficulties are making it consider asking the Fund for new financial support as its debt continues to rise and an array of international bond maturities loom on the horizon.

Oct 25, 2021 - 04:30
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Ghana considering a return to the IMF?
Just two and a half years after Ghana rejected advice from the International Monetary Fund (IMF) to extend its Extended Credit Facility programme – begun in 2015 and ended in 2019 – the country’s fiscal difficulties are making it consider asking the Fund for new financial support as its debt continues to rise and an array of international bond maturities loom on the horizon.