IMF Flags Ghana as High Risk for Debt Distress Despite Debt Being "Sustainable"
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IMF Flags Ghana as High Risk for Debt Distress Despite Debt Being "Sustainable"
Ghana’s debt situation continues to draw global attention as the International Monetary Fund (IMF), in its latest Fourth Review under the Extended Credit Facility (ECF) Programme, declared the country’s public debt sustainable but still classified Ghana as being at high risk of debt distress. The announcement presents a paradox that, while Ghana appears to be on a long-term path to stability through ongoing debt restructuring efforts, it remains…
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