$930M

Finweek English Edition - - IN BRIEF -

The size (R10.9bn) of a three-year con­ces­sion granted by the In­ter­na­tional Mon­e­tary Fund (IMF) to Ghana, with the aim of restor­ing the coun­try’s fis­cal sta­bil­ity. Ghana’s econ­omy grew at an an­nual rate of 8% in re­cent years thanks to grow­ing ex­ports of gold, co­coa and oil, but the coun­try faces se­ri­ous macroe­co­nomic chal­lenges, the IMF said. Ghana’s econ­omy is ex­pected to grow at only 3.5% this year, ris­ing to 5%-6% in 2017.

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