Audio By Carbonatix
The International Monetary Fund has approved immediate debt service relief for 19 African countries for an initial period of six months to enable them to channel financial resources towards dealing with the coronavirus pandemic.
Burkina Faso, Chad, Central African Republic and Mozambique are among the countries that will benefit from this relief.
Others are Benin, Comoros, Democratic Republic of Congo, The Gambia, Guinea, Guinea-Bissau, Liberia, Madagascar, Malawi, Mali, Niger, Rwanda, São Tomé and PrÃncipe, Sierra Leone and Togo.
Debt cancellation and relief for African countries are among measures that have been called for by advocacy groups to enable some of the most vulnerable countries in the region cope with the worsening pandemic.
Latest Stories
-
Kwakye Ofosu says cost of living eased under Mahama government
50 minutes -
Total banking deposits stood at GH¢302.0bn in October 2025, but foreign currency deposits contracted by 21%
1 hour -
Interior Minister calls for collective action to enhance security in Ashanti Region
1 hour -
Baobab: Tree of life dying as climate change ravages Northern Ghana
1 hour -
Extradition of Ofori-Atta and Tamakloe-Attinou could take up to three years – Victoria Bright
1 hour -
Government pledges support for Accra commuters amid transport challenges
1 hour -
GES probes alleged feeding problems at Savelugu Senior High School
1 hour -
Government is reviewing Saglemi Housing deal and private takeover – Kwakye Ofosu
2 hours -
Nana Ama McBrown, Kate Henshaw headline Women of Valour London 2026
2 hours -
David Asante’s contributions at GPCL must be recognised – Vicky Bright
2 hours -
I don’t want my people to be mistreated by ICE — Ambassador Victor Smith tells US Senator
2 hours -
Detained fugitives: If you’re not prepared to be accountable, don’t hold public office – Vicky Bright
2 hours -
Adutwum outlines vision for a growth-minded Ghana, draws lessons from global experiences
2 hours -
I wish former CSA boss Dr Antwi-Boasiako continues in office – Sampson Lardy
2 hours -
Kotoko maintain title ambition despite mixed results – Sarfo Duku
2 hours