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IMF in talks with Ghana over possible extension of aid package

IMF’s Head of Africa Department, Abebe Amero Selassie, said the extension of the programme rest with Akufo-Addo administration.

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Selassie made this known in response to a question about the status of the IMF deal with Ghana at a World Bank/IMF spring summit in Washington, USA.

“We are in discussions and we will let you know as soon as a decision has been taken by the government of Ghana,” he said. “We are happy for the government to finish its deliberations and we are also initiating back and forth discussions.”

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In 2015, Ghana entered into a three-year agreement for $918 million to, among others, restore macroeconomic stability.

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