IMF board approves $600 mln payout for Ghana under loan programme ...Middle East

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IMF board approves $600 mln payout for Ghana under loan programme
source : Devdiscourse ( Middle East ) () 24
The International Monetary Fund's board approved a first review of Ghana's loan programme on Friday, allowing for the immediate disbursement of about $600 million under its $3 billion bailout programme, it said on Friday. The decision comes after the gold, oil and cocoa producer reached a deal to restructure $5.4 billion of loans with its official creditors, a key step to unlocking the second tranche of IMF funding.

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