The International Monetary Fund has approved a $3 billion bailout for Ghana, according to a graphiconline report.
According to the report, the bailout was approved at a meeting today [May 17, 2023] in Washington by the Executive Board of the IMF unanimously.
The programme is expected to last for the next three years.
The report further noted that a press release is expected in a few hours after all processes are completed and the deal is signed off.
More soon.
