Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.91%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
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Reserves $1.89Bn (Dec 2022)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

Proactive Ghana reached IMF Staff level Agreement for USD 3Bn facility

InternationalDec 13, 2022
Proactive Ghana reached IMF Staff level Agreement for USD 3Bn facility
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Ghana came up with a details proposal on domestic debt restructuring last week and external debt restructuring this week, which resulted in fast-forwarding the Staff level agreement to secure a USD 3Bn facility today.

Ghana's determination not to seek the fund's help for the 17th time crumbled in July after soaring inflation spurred widespread street protests. IMF board approval of the proposed three-year loan is expected "early next year"


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