IMF'
$1.17billion grant facility for Ghana
approved
Masahudu Ankiilu Kunateh, Ghanadot
Accra, July 16, Ghanadot - Credible
information available to Ghanadot
indicates that the
International Monetary Fund (IMF) has approved a
1.17-billion-dollar facility grant for Ghana.
Out of this facility, 597 million dollars is
expected to come in quickly for parliamentary
approval before it rises for recess this Friday.
The funds are expected to support the country’s
balance of payments and stabilized the economy.
The facility comes after Ghana secured another $535
million from the World Bank also for budgetary
support.
Ghanadot
