As the Ghanaian government expects the next tranche of IMF financing, totalling US$600 million, an analyst, Courage Boti is calling for stringent efforts to ensure that the expected cash flow is not abused.
Ghana’s finance Ministry announced over the weekend that it had reached an agreement with Official Creditors setting the stage for International Monetary Fund Executive Board approval of the first review of the Fund-supported program.
The Ministry added that the IMF Board Approval is anticipated to trigger World Bank Board consideration of US$300 million in Development Policy Operation (DPO) financing.
