Economists in Ghana say the country’s economic management team must ramp up efforts to secure a financial bailout from the International Monetary Fund IMF in the shortest possible time.
This comes as the Fund expresses concern over a potential wave of debt restructuring requests and its handling at a time restructuring cases are facing costly delays.
While Ghana is one of these countries presently seeking an IMF-support program, the country continues to face a hurdle in securing an agreement with its bilateral creditors for a debt restructuring.
WADR’s Atiewin Mbillah-Lawson in Accra reports