IMF says agrees 3-year deal with Ghana worth around $930 million
ACCRA (Reuters) - The International Monetary Fund agreed a three-year concessional facility with Ghana worth around $930 million and is confident the deal can restore its fiscal stability, Africa Department division chief Joel Toujas-Bernate said on Thursday. Ghana's economy grew at around 8 percent for years on its exports of gold, cocoa and oil but the country faces serious macro-economic problems and the Fund forecast growth under the deal at 3.5 percent in 2015, rising to 5.0-6.0 percent in 2017.