Ghana Says IMF Deal Needs ‘Tweaking’ After Shortfall Discovery

Ghana’s debt bailout program with the International Monetary Fund may require “tweaking” after the nation’s new administration revealed that 7 billion cedi ($1.6 billion) in expenses were not accounted for by the previous government, the finance minister said. The country is in talks with the IMF and will seek to finalize an audit of the undisclosed spending by Feb….

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Ghana’s new government says it will review $918 million IMF deal

Ghana’s new government plans to review its $918 million programme with the International Monetary Fund because it may need more money for its spending plans, a minister-designate said on Friday. The three-year programme, signed by the previous government in April 2015, imposes strict targets for revenue collection and spending. It aims to reduce inflation, the public debt and the…

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