Ghana Close to IMF’s $360 Million After Draft Creditor Deal

  • Country studying draft MOU from its official creditors
  • Ghana Eurobonds extend gains Friday, among top EM performers
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Ghana has received a draft agreement to restructure debts with its official creditors that will unlock a $360 million disbursement from the International Monetary Fund.

The West African nation is studying the memorandum of understanding on debt treatment with the lenders, Finance Minister Mohammed Amin Adam told a briefing in the capita, Accra, on Friday.