{"id":13840,"date":"2011-12-15T02:06:34","date_gmt":"2011-12-15T02:06:34","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/12\/3bn-chinese-loan-imf-gives-government-green-light\/"},"modified":"2011-12-15T02:06:34","modified_gmt":"2011-12-15T02:06:34","slug":"3bn-chinese-loan-imf-gives-government-green-light","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/12\/15\/3bn-chinese-loan-imf-gives-government-green-light\/","title":{"rendered":"$3bn Chinese loan; IMF gives government green light"},"content":{"rendered":"

Information available to Joy News indicates that the International Monetary Fund (IMF)has given Ghana the go-ahead to borrow 3 billion dollars from the Chinese Exim Bank.<\/p>\n

It follows the waiver of the borrowing cap agreed with government.<\/p>\n

The cap meant that the country could not take on non-concessionary loans exceeding 800 million dollars in any year.<\/p>\n

The fund however waived the cap at a meeting on Wednesday.<\/p>\n

Government requires the loan to execute many of the infrastructure projects lined up in the 2012 election year.<\/p>\n

Critical amongst them is the installation of infrastructure to process natural gas from the Jubilee Field. <\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

Information available to Joy News indicates that the International Monetary Fund (IMF)has given Ghana the go-ahead to borrow 3 billion dollars from the Chinese Exim Bank. It follows the waiver of the borrowing cap agreed with government<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13840","post","type-post","status-publish","format-standard"],"yoast_head":"\n$3bn Chinese loan; IMF gives government green light - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/12\/15\/3bn-chinese-loan-imf-gives-government-green-light\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"$3bn Chinese loan; IMF gives government green light - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Information available to Joy News indicates that the International Monetary Fund (IMF)has given Ghana the go-ahead to borrow 3 billion dollars from the Chinese Exim Bank. 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