Ghana secures debt deal as part of IMF loan

imf pic

The International Monetary Fund logo. PHOTO | REUTERS

Ghana has reached an agreement with external creditors for a debt restructuring that was key to its $3 billion credit line with the IMF, the government and the lender said.

Facing its worst economic crisis in decades, Ghana agreed to a loan from the International Monetary Fund (IMF) to help shore up its public finances and better manage its heavy debt load.