IMF team to visit Ghana in December for more talks on relief package - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

An International Monetary Fund (IMF) staff team will visit Ghana again from December 1 to 13 to continue discussions on the West African country’s request for a support programme to help reduce debt distress, the Fund said in a statement on Wednesday.

Ghanaians gather in the streets on the second day of protests over recent economic hardships, in Accra, Ghana, June 29, 2022.Ghanaians gather in the streets on the second day of protests over recent economic hardships, in Accra, Ghana, June 29, 2022.

The country is facing its worst economic crisis in a generation, with rampant inflation, spiralling debt and a tumbling local currency. Ghana in October said the aim was to reach a staff-level agreement with the IMF by the end of 2022. The Fund has not yet commented on a timeline but previously said more work was needed on a debt-sustainability analysis.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

.. Hmmm 🤔

That's bad news for Ghana....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines