Africa Matters: Ghanaians struggle amid worsening economic crisis

03:25

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Africa

Africa Matters: Ghanaians struggle amid worsening economic crisis

The Ghanaian government is in discussions with foreign lenders to renegotiate the repayment terms for over $13 billion in borrowed funds, including a significant portion from a $3 billion loan obtained from the IMF. Their aim is to reduce the debt burden by more than $10 billion. However, many experts and citizens in Ghana express concerns that these changes may exacerbate economic challenges for the populace.

April 21, 2024