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Ghana likely to borrow from IMF as debt surges – Bloomberg

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Ghana may have no option than to return to the International Monetary Fund (IMF) for financial support if its debt continues to rise.

According to a Bloomberg survey, the country may have to pay a higher premium if it returns to the international capital market next year to issue a Eurobond.

The debt, which is presently a little above ¢335 billion, continues to surge and create problems for the economy.

WADR’s Atiewin Mbillah-Lawson reports from Accra.

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Ghana likely to borrow from IMF as debt surges – Bloomberg

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