Ghana

Ghana’s finance minister has announced expectations of receiving around USD 6.2 bln from multilateral partners, such as the IMF, World Bank, and AfDB, by 2026, fueled by renewed reform efforts. These anticipated funds, including USD 1.6 bln from the World Bank and USD 200 mln from the AfDB, are part of Ghana’s Post Covid-19 Program for Economic Growth. Endorsed by the IMF, it’s tied to a USD 3 bln bailout from the lender. The government aims to restructure about USD 20 bln of its external debt under the G20’s Common Framework and reduce its debt to 55% of GDP by 2028.