Tag Archives: IMF approves $1bn for Ghana’s COVID-19 fight

The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of US$1 billion to be drawn under the Rapid Credit Facility to help Ghana’s COVID-19 fight. According to the IMF, the COVID-19 pandemic is already impacting Ghana severely. Growth is slowing down, financial conditions have tightened, and the exchange rate is under pressure. A statement by the ...

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