Ghanaian economist Joe Jackson has described as welcome news the staff-level agreement Ghana and the IMF have reached for the second review of the Extended Credit Facility.
The agreement, which was reached over the weekend, will result in the release of $360 million by the Fund subject to passing the IMF Board Approval.
Commenting on the latest development, Joe Jackson said despite the possibility of it slowing down the depreciation of the Ghana Cedi, the government has more work to do since the country’s economy was still struggling.
