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THE ECONOMICS PIONEERS
Ghana: Inflation and the $3bn IMF Deal
Over the last year, Ghana has been going through its worst economic crisis in two decades. High inflation rates and a depreciating currency is rendering basic necessities unaffordable and lowering the standards of living for thousands of people. The Ghanaian government approached the IMF last July and is currently awaiting approval for a 3 Billion Dollar deal. While some argue in favour of the IMF deal, others worry that it detracts from the need to address structural issues in the Ghanaian economy. Learn more about the causes of the recent economic crisis, the IMF deal and its implications and alternatives in the policy brief below.
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