Ghana: Many Stalled Projects Can’t Be Started As Ghana Commits to Only U.S.$250 Million Loan Disbursement

Ghana’s commitment to disburse only US$250 each year from previous loans to affect stalled projects.

Many of the stalled projects in the country cannot be restarted this year. This is because Government has committed to limit the amount of money that can be disbursed from previously contracted loans to only US$250.

These are loans that were contracted before Ghana sort help from the International Monetary Fund (IMF) in 2022. The directive will be in place until 2025.

Ghana contracted substantial…