Ghana awaits approval for second tranche of IMF bailout in November 2023

Finance Minister, Ken Ofori-Atta, has indicated that Ghana is anticipating the deliberation of its approval for the second tranche of the International Monetary Fund (IMF) bailout in the third week of November 2023.

The government is optimistic that Ghana will receive the second tranche disbursement of $600 million from the total $3 billion bailout package.

Ghana has previously received the first tranche of $600 million and is now awaiting the disbursement of the second installment.

Speaking at the inaugural Ghana Mutual Prosperity Dialogues (GMPD) in Accra, the Finance Minister emphasized the critical nature of the period between now and the end of the year in charting a path towards economic stability for Ghana.

Beatrice Enyonam

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