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Listen to IMF economists and other experts discuss key economic and financial issues of the day. Click on the play button. Alternatively, download the audio MP3 file—a popular digital music format for sound files. Broadcasters: this facility is also being made available to enable these podcasts to be broadcast on radio outlets free of charge. Also available in SoundCloud

Ghana: IMF Approves Third $116.2m Disbursement

October 04, 2016

Drying cocoa beans in Enchi, Ghana. Despite slump in commodity prices Ghana’s 2015 current account deficit was lower than expected at 7.5% of GDP (photo: Thierry Gouegnon/Reuters/Newscom)

Ghana’s economy—once a model for growth in West Africa, took a turn for the worse in 2012. It’s been getting help from the IMF under a 3-year program known as the Extended Credit Facility, and the IMF board has just approved another US$116m. Under the arrangement, Ghana could receive more than US$900m if all targets are met. In this podcast, Joël Toujas-Bernaté, IMF mission chief for Ghana, says the country is making good progress.

Joël Toujas-Bernaté, IMF Mission Chief for Ghana