The Executive Board of the International Monetary Fund (IMF) has completed the fourth review of the Extended Credit Facility agreement with Ghana. According to the financial institution, this review paves the way for an immediate disbursement of approximately 367 million dollars

The new financing granted to Ghana brings the total disbursements granted to the West African nation under this agreement to around 2.3 billion dollars, according to the IMF. In May 2023, the IMF approved a three-year rescue plan of 3 billion dollars for Ghana, a measure that helped stabilize the country's economy and led to a revision of its rating by the Fitch agency

The Ghanaian Ministry of Finance indicated earlier on X that the country would receive a $370 million disbursement from the IMF.