IMF and Ghana seen to reach agreement soon

Loan deal: Dignitaries arrive to speak during the 2022 IMF/World Bank annual meeting in Washington. Ghana has turned to the IMF for help as it faces the worst economic crisis in a generation. — AFP

ACCRA: The International Monetary Fund (IMF) and Ghana are expected to reach a staff-level agreement on a loan deal soon, say three sources with knowledge of the ongoing talks.

The IMF did not respond to a request for comment. A spokesperson for Ghana’s finance ministry said they could not comment beyond that the negotiations were ongoing.