Economy
Ghana receives first $600m tranche of $3bn IMF loan —-Ghana’s finance minister
Ghana’s Finance Minister Ken Ofori-Atta said on Friday that the first $600 million tranche of a $3 billion, three-year extended credit facility has been received. The funds will be used for budget support and help bring down inflation, Ofori-Atta said on Twitter. The International Monetary Fund’s executive board on Wednesday approved the $3 billion, three-year rescue loan, paving a potential path out of Ghana’s worst economic crisis in a generation. Reuters
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