IMF says agrees 3-year deal with Ghana worth around $930 million - CNBC Africa

IMF says agrees 3-year deal with Ghana worth around $930 million

Western Africa

by Reuters 0

Ghana’s economy grew at around eight per cent for years on its exports of gold, cocoa and oil.

It is also confident the deal can restore its fiscal stability, Africa Department division chief Joel Toujas-Bernate said on Thursday.

(READ MORE: Ghana expects deal with IMF by end March: President Mahama)

Ghana’s economy grew at around eight per cent for years on its exports of gold, cocoa and oil but the country faces serious macro-economic problems and the fund forecast growth under the deal at 3.5 per cent in 2015, rising to 5.0 to 6.0 per cent in 2017.

 

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