The International Monetary Fund approved Ghana’s request for a $3 billion bailout over three years to support the debt-ridden nation’s recovery.
The West African economy will receive an immediate disbursement of about $600 million, the IMF said in a statement Wednesday following an Executive Board meeting. Bloomberg reported the decision earlier in the day, citing people familiar with the talks.
Read More : IMF Grants $3 Billion Emergency Funding to Ghana for Economic Revival