IMF team in Ghana for more talks on bailout

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Pulse-gh Dec. 1, 2022 1:42 p.m.

IMF team in Ghana for more talks on bailout

“The IMF remains fully committed to help Ghana restore macroeconomic stability, bring relief to Ghanaians in this time of crisis, and lay the foundation for more inclusive growth,” the fund said in a statement on Wednesday, November 30, 2022.

Ghana is facing a severe economic crisis which has been described by some as the worst in a generation, with rampant inflation, spiralling debt and a tumbling local currency.

Finance Minister, Ken Ofori-Atta revealed in the 2023 Budget that the country’s total public debt was GH¢450 billion at the end of November 2022..

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