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Ghana and the International Monetary Fund (IMF) have reached a three-year loan agreement worth $3 billion as the country grapples with its severe economic crisis. The IMF announced the agreement on Tuesday, citing Ghana's significant depreciation of its currency, high inflation rate exceeding 40%, and mounting debt. The loan is aimed at providing much-needed financial support to address these challenges and stabilize Ghana's economy.
Monday, 12 December, 2022