Tag Archives: IMF’s $1bn interest-free loan for Ghana

Parliament approves IMF’s $1bn interest-free loan for Ghana

Parliament has approved a US$1 billion IMF Rapid Credit Facility to mitigate the impact of the COVID-19 pandemic on Ghana’s economy. The Executive Board of IMF announced the approval of the loan on Monday, April 13, 2020. The loan has zero percent interest with 5 and half years moratorium and …

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