IMF has expressed confidence in Ghana’s economic recovery and positive trajectory

Source: newsthemegh.com/Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

IMF African Deputy Director, Catherine Pattillo, has expressed confidence in Ghana’s economic recovery and positive trajectory, suggesting that the IMF program review could unlock vital financial support of $360 million by June 2024.

Ms Pattillo’s optimism comes in the wake of Ghana’s commendable progress in navigating the complexities of debt restructuring, a pivotal step towards bolstering its fiscal resilience by reducing its debt stock to secure further installments from the $3bn loan form the Fund.