Ghana Eyes Budget Support From IMF, World Bank

The World Bank and International Monetary Fund are expected to provide budgetary support to Ghana next month, Finance Minister Kwabena Duffuor announced. Ghana will receive $1.2 billion in budgetary and project assistance from the World Bank while IMF will likely offer $1 billion to boost Ghana's balance of payments, Duffuor added. The African nation's budget deficit in the first quarter of this year currently stands at $429.5 million,

reported.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.