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Tag Archives: $3 billion

Business: Ghana’s bilateral lenders are expected to open the door for an IMF bailout of $3 billion

April 11, 2023 NEWS 0

Ghana hopes to take a big step towards restructuring its $58bn-worth of debt this week, with its bilateral creditors meeting today to discuss whether to provide enough relief to unlock a $3bn IMF bailout. Ghana owes $5.5bn to foreign governments and their state banks. Ken Ofori-Atta, finance minister, said he …