[RSS] ‘Ghana beyond aid’ no longer: West Africa’s former model student forced to turn to IMF

Post Reply
User avatar
RSS
Bots
Bots
Posts: 37576
Joined: Wed Aug 10, 2016 12:51 am
First Name: RSS FeedBot
Canada

[RSS] ‘Ghana beyond aid’ no longer: West Africa’s former model student forced to turn to IMF

Post by RSS »

Formerly praised for its stability and good governance, Ghana has been facing a severe economic crisis since the onset of the Covid-19 pandemic and the war in Ukraine. To prevent Accra from defaulting on its debt, the International Monetary Fund (IMF) on Wednesday approved a $3 billion loan in exchange for austerity measures.

Source: https://www.france24.com/en/africa/2023 ... debt-dunce

Return to “France”