Audio By Carbonatix
Ghana is ranked 5th in Africa with the highest debt to the International Monetary Fund in October 2025.
According to the latest data from the Fund, Ghana’s outstanding loan to the IMF was 2.59 billion Special Drawing Rights (SDR).
Egypt is ranked 1st in Africa with the highest outstanding loan in Africa, with a total debt of 6.89 billion SDR.
From 2nd to 4th are CĂ´te d'Ivoire (3.10 billion SDR), Kenya (3.01 billion SDR and Angola (2.66 billion SDR).
Meanwhile, Nigeria and Morocco continue to be out of the top ten.
The IMF loans provide temporary relief to member countries, while also leading to a potentially troublesome debt.
A high level of IMF borrowing increases a country’s overall debt, a situation that requires prudent fiscal management.
The loans often come with conditions, placing further constraints on the government’s financial flexibility.
Latest Stories
-
Duncan-Williams warns of powerful interests targeting GoldBod
17 minutes -
We need to pray for GoldBod – Duncan-Williams
37 minutes -
Strong favourites or tougher task – will Arsenal defend their title?
1 hour -
Passengers escape death as VIP travelling from Kumasi to Sunyani catches fire
1 hour -
Ariana Grande leaves problems at home as her tour hits the UK
1 hour -
Multiple suspects at large after five shot at Virginia State University, police say
1 hour -
Three killed as Russia launches fresh aerial attacks across Ukraine
2 hours -
Boxing: John Laryea disqualified in WBA Featherweight title eliminator
2 hours -
Hawaii battles strong winds and rain as Hurricane Lala threat looms
2 hours -
Twelve killed as Polish bus veers off Hungarian motorway
3 hours -
Building Ghana better: Why architects must be at the heart of national development
6 hours -
GMet warns of severe rainstorm across northern Ghana
6 hours -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
6 hours -
Health Ministry reviews NDC manifesto commitments
7 hours -
Mfantsipim School @ 150 and Creech’s Mfantsipim Diaries: My First Shock
8 hours