Ghana receives the financial assurance it needs from the Paris Club after the meeting of the official Creditors Committee, chaired by China and France, paving way for the Board of the International Monetary Fund(IMF) to approve of the country's pending $3 billion loan-support programme. The Creditors Committee will negotiate with the Government on the terms of restricting the claims which are going to be finalized in a Memorandum of Understanding(MoU). This loan will help Ghana in debt restructuring and minimize the balance of payment deficit and open doors for more investors.
