{"id":4583,"date":"2022-08-09T17:51:58","date_gmt":"2022-08-09T17:51:58","guid":{"rendered":"https:\/\/amnewsworld.com\/?p=4583"},"modified":"2022-08-09T17:51:58","modified_gmt":"2022-08-09T17:51:58","slug":"ghana-doubles-imf-funding-target-to-3-billion-bloomberg","status":"publish","type":"post","link":"https:\/\/www.amnewsworld.com\/fi\/ghana-doubles-imf-funding-target-to-3-billion-bloomberg\/","title":{"rendered":"Ghana doubles IMF funding target to $3 billion \u2013 Bloomberg"},"content":{"rendered":"

Ghana is expecting to receive $3 billion dollars over three years from the International Monetary Fund, if an agreement on a program is reached, international news agency, Bloomberg reported.<\/strong><\/p>\n

Bloomberg reported that the loan requested was double the amount of $1.5 billion the west African nation was requesting a month ago.<\/p>\n

According to the news portal, the source agreed to give the information on condition of anonymity.<\/p>\n

\u201cSince negotiations for the program are starting now, it\u2019s too early to comment on the final form the program will take,\u201d an IMF spokeswoman said in an emailed response. \u201cThe Extended Credit Facility for low-income countries is the Fund\u2019s main tool for medium-term support for countries facing protracted balance of payments problems, similar to Ghana\u2019s. The duration of such an arrangement is between three to four years, and extendable to five years.\u201d Bloomberg added.<\/p>\n

On July 1 Ghana government announced a u turn of an initial decision of not resorting to the IMF for support despite economic hardship hitting the citizenry.<\/p>\n

Consequently, a team from the IMF arrived in Ghana to start negotiations with the Ghana government. The government has since maintained to secure a good deal for the country.<\/p>\n

AMN Reporters.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Ghana is expecting to receive $3 billion dollars over three years from the International Monetary Fund, if an agreement on a program is reached, international news agency, Bloomberg reported. Bloomberg reported that the loan requested was double the amount of $1.5 billion the west African nation was requesting a month ago. According to the news<\/p>","protected":false},"author":1,"featured_media":4584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_1160854738579181570_1160854738579181570":"","facebook_3558452337540614_100649324928663":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[16],"tags":[],"class_list":{"0":"post-4583","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\nGhana doubles IMF funding target to $3 billion \u2013 Bloomberg | Amnewsworld<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.amnewsworld.com\/fi\/ghana-doubles-imf-funding-target-to-3-billion-bloomberg\/\" \/>\n<meta property=\"og:locale\" content=\"fi_FI\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana doubles IMF funding target to $3 billion \u2013 Bloomberg | Amnewsworld\" \/>\n<meta property=\"og:description\" content=\"Ghana is expecting to receive $3 billion dollars over three years from the International Monetary Fund, if an agreement on a program is reached, international news agency, Bloomberg reported. 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