IMF And Ghana Expected To Reach Staff-Level Agreement By Tuesday

The International Monetary Fund (IMF) and Ghana are expected to reach a staff-level agreement on a loan deal by Tuesday at the latest, said three sources with knowledge of the ongoing talks. The IMF did not immediately respond to a request for comment. A spokesperson for Ghana’s finance ministry said they cannot comment beyond that the negotiations were ongoing. Two sources said that the IMF program was expected to be an extended credit facility, which provides financial assistance to countries. One of those sources and a third source said that major hurdles in the negotiations were overcome this week which…