IMF Executive Board Approves A US$1 Billion Disbursement To Ghana To Address The COVID-19 Pandemic

17-04-2020

IMF Executive Board Approves A US$1 Billion Disbursement To Ghana To Address The COVID-19 Pandemic

On April 13, 2020, the IMF Executive Board approved the disbursement of US$1 billion to be drawn under the Rapid Credit Facility.

The COVID-19 pandemic is already impacting Ghana severely. Growth is slowing down, financial conditions have tightened, and the exchange rate is under pressure. The authorities have timely and proactively responded to contain the spread of the COVID-19 pandemic in Ghana and support affected households and firms.

Click here to read attached Press Release

Or watch the press briefing  here : https://www.imf.org/en/News/Articles/2020/04/14/tr041420-transcript-of-april-2020-world-economic-outlook-press-briefing

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