Ghana Elections Favorite Wants to Rework $3 Billion IMF Deal

Talks will focus on reducing taxes, refinancing debt
Polls show John Dramani Mahama is favorite to win Dec. 7 vote

WATCH: “We need to look at how we can refinance some of this so that we smoothen out the trajectory of the debt repayments,” Mahama says.Source: Bloomberg

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By Ekow Dontoh and Moses Mozart Dzawu

November 7, 2024 at 9:52 AM UTC

Updated on

November 7, 2024 at 4:31 PM UTC

This article is for subscribers only.

Ghana’s main opposition leader said he would renegotiate an International Monetary Fund program to reduce taxes and smooth loan repayments if he wins next month’s elections.

“We must look at rationalizing the issue of tax revenues,” to help the economy as it emerges from a debt crisis, John Dramani Mahama said in an interview at his office in the capital, Accra on Wednesday.