{"id":254817,"date":"2024-11-22T19:46:17","date_gmt":"2024-11-22T19:46:17","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/"},"modified":"2024-11-22T19:46:17","modified_gmt":"2024-11-22T19:46:17","slug":"board-to-approve-360m-disbursement-in-december","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/","title":{"rendered":"Board to approve $360M disbursement in December"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Board of the International Monetary Fund (IMF) is set to meet in early December to review and potentially approve a $360 million disbursement to Ghana.<\/p>\n<p>If approved, this payment will bring Ghana\u2019s total disbursements under the IMF\u2019s $3 billion Extended Credit Facility to $1.92 billion.<\/p>\n<p>The upcoming decision follows a two-week assessment of Ghana\u2019s fiscal data, which culminated in a staff-level agreement between the IMF and Ghana on October 4, during the third review of the program.<\/p>\n<p>IMF Director of Communications, Julie Kozack, announced the update at a press briefing in Washington, D.C. on November 21.<\/p>\n<p>\u201cOnce the review is completed by the IMF\u2019s executive board, Ghana would have access to about $360 million in terms of disbursement.<\/p>\n<p>\u201cWe are working, our staff are working toward a board meeting in early December and will provide additional details on the precise date when we have them,\u201d she added.<\/p>\n<p>She described the programme performance as encouraging, noting that Ghana has followed the requirements needed for the country\u2019s debt restructuring.<\/p>\n<p>\u201cWhat I can say in addition is that the programme performance has been good. There has been in particular remarkable progress on debt restructuring,\u201d she said.<\/p>\n<p>\u201cEconomic growth in the first half of 2024 exceeded our expectations, exceeded our projections. Inflation has declined and the fiscal and external positions have shown marked improvement.<\/p>\n<p>\u201cLooking ahead, what will be important for Ghana will be the continued implementation of the policy and reform agendas, especially given the difficult situation that many countries in the region and globally face. And it remains essential to fully restore macroeconomic stability and debt sustainability.<\/p>\n<p>\u201cAnd we will, of course, have further updates on Ghana when we release the staff report, when we publish the staff report after the board meeting takes place. And we are just about out of time,\u201d she added.<\/p>\n<p><em><strong>#GhanaPolls2024<\/strong><\/em><br \/><em><strong>#ElectionBureau<\/strong><\/em><br \/><em><strong>#CitiVerify<\/strong> <\/em><\/p>\n<p>\u2014\u2013<\/p>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spam, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Board of the International Monetary Fund (IMF) is set to meet in early December to review and potentially approve a $360 million disbursement to Ghana. If approved, this payment will bring Ghana\u2019s total disbursements under the IMF\u2019s $3 billion Extended Credit Facility to $1.92 billion. The upcoming decision follows a two-week assessment of Ghana\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":254818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-254817","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Board to approve $360M disbursement in December - 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\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Board to approve $360M disbursement in December - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Board of the International Monetary Fund (IMF) is set to meet in early December to review and potentially approve a $360 million disbursement to Ghana. If approved, this payment will bring Ghana\u2019s total disbursements under the IMF\u2019s $3 billion Extended Credit Facility to $1.92 billion. The upcoming decision follows a two-week assessment of Ghana\u2019s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-22T19:46:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/IMF-C.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"259\" \/>\n\t<meta property=\"og:image:height\" content=\"194\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Board to approve $360M disbursement in December\",\"datePublished\":\"2024-11-22T19:46:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/\"},\"wordCount\":358,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/IMF-C.jpg\",\"articleSection\":[\"Top News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/\",\"name\":\"Board to approve $360M disbursement in December - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/IMF-C.jpg\",\"datePublished\":\"2024-11-22T19:46:17+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/IMF-C.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/IMF-C.jpg\",\"width\":259,\"height\":194},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/22\\\/board-to-approve-360m-disbursement-in-december\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Board to approve $360M disbursement in December\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Board to approve $360M disbursement in December - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/","og_locale":"en_US","og_type":"article","og_title":"Board to approve $360M disbursement in December - Ghanamma.com","og_description":"The Board of the International Monetary Fund (IMF) is set to meet in early December to review and potentially approve a $360 million disbursement to Ghana. If approved, this payment will bring Ghana\u2019s total disbursements under the IMF\u2019s $3 billion Extended Credit Facility to $1.92 billion. The upcoming decision follows a two-week assessment of Ghana\u2019s [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/","og_site_name":"Ghanamma.com","article_published_time":"2024-11-22T19:46:17+00:00","og_image":[{"width":259,"height":194,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/IMF-C.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Board to approve $360M disbursement in December","datePublished":"2024-11-22T19:46:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/"},"wordCount":358,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/IMF-C.jpg","articleSection":["Top News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/","url":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/","name":"Board to approve $360M disbursement in December - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/IMF-C.jpg","datePublished":"2024-11-22T19:46:17+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/IMF-C.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/IMF-C.jpg","width":259,"height":194},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/11\/22\/board-to-approve-360m-disbursement-in-december\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Board to approve $360M disbursement in December"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/254817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=254817"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/254817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/254818"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=254817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=254817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=254817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}