Ghana Unlocks $367 Million Disbursement From IMF After Review

Ghana will receive another $367 million disbursement from the International Monetary Fund after passing the fourth review of its $3 billion program with the Washington-based lender.

The IMF’s Executive Board said on Monday that it had approved a staff-level agreement reached with Africa’s top gold producer in April, paving the way for this fresh installment. This brings the total funding from the IMF since Ghana’s extended credit facility started in May 2023 to about $2.3 billion, it said.