Tag Archives: Bank of Ghana

Can the IMF Save Ghana’s Currency?

A cool $114 million has just found its way into Ghana’s struggling bank balance, courtesy of a new loan package with the International Monetary Fund. It’s not huge money in the grand scheme of things, but alongside the government’s own reforms – and with more IMF funds on the way – it could be just enough to rescue Ghana’s free-falling cedi and stabilize its wobbly economy.

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