Ghana, IMF Reach Deal on $370 Million Disbursement (2)

Ghana is set to receive a $370 million instalment from the International Monetary Fund just as US tariffs upend global trade and markets.

The IMF executive board, will take a final decision on the disbursement, Stéphane Roudet, the Washington-based lender’s mission chief, said in a statement Tuesday.

The loan will bring total funding from the IMF since Ghana’s $3 billion program started in May 2023 to $2.36 billion and boost its foreign-exchange reserves as market jitters have pushed up the price of emerging-market debt.

Ghana’s 2030 eurobonds rose a second day, and were among the top performers in emerging markets ...