The World Bank Group said it has approved $300 million in funding to strengthen Ghana’s economy.
![The President of Ghana, Nana Akufo-Addo [Photo credit: Prime News Ghana]](https://gazettengr.com/wp-content/uploads/President-of-Ghana-Nana-Akufo-Addo.jpg)
The review brings total disbursements under the $456 million Extended Credit Facility programme approved in 2022 to about $273 million, IMF said.
Mr Milei, a libertarian, is having a decisive first week in office.
A close look at some of the estimates throws up some urgent questions and concerns.
“Africa is a continent with a youthful population, which presents tremendous opportunities for the region as well.”
“The government is essentially bankrupt,” stated the report. “It was the 17th time Ghana has been compelled to turn to the fund since it gained independence in 1957.”
Demonstrations were held across the country on Wednesday after multi-level talks between the government and labour unions deadlocked through Tuesday night.
Poland, supported by Hungary, called for revising plans to reform asylum rules in the European Union.
The West African country is grappling with soaring inflation, debt, and a depreciating currency pushing it to default.
The IMF managing director says the world has to avoid the temptation to fall back on protectionism on its way to economic recovery.
