Ghana has agreed to a three-year credit programme with the IMF in order to strengthen its finances and restore confidence in the country after its worst Economic Crisis in decades. The government has earmarked about $5.4 billion of debt to official creditors as well as $14.6 billion to private overseas creditors. However, the country's economic crisis has forced President Nana Akufo-Addo's government to reverse its position earlier this year and seek IMF help. On Friday, Ghana's international bonds rose sharply as a result of the news.
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