Ghana ranked among top 10 countries with the most debt to the IMF

As global economic dynamics continue to evolve, the International Monetary Fund (IMF) plays a crucial role in providing financial assistance to countries facing economic challenges.

One important aspect of this assistance is the provision of loans to member countries to help stabilize their economies and address financial imbalances.

As a result, countries accumulate debt to the IMF, reflecting their reliance on external financial support.

GhanaWeb Business delves into the top 10 countries with the most debt to the IMF, shedding light on the magnitude of their financial obligations and the implications for their economic outlooks.

Ghana is however ranked among these top countries that have accumulated the most debt owed to the Fund.

The list is generated from the IMF's latest debt data.

See the full list below

1. Egypt

Egypt owes the IMF $11 billion.

2. Angola

Angola owes the IMF $3 billion.

3. Kenya

Kenya owes the IMF $3 billion.

4. Ghana

Ghana owes the IMF $2 billion

5. Cote D’Ivoire

Cote D’Ivoire owes the IMF $2 billion.

6. Argentina

Argentina owes the IMF $32 billion.

7. Colombia

Colombia owes the IMF $3 billion.

8. Ecuador

Ecuador owes the IMF $6 billion

9. Ukraine

Ukraine owes the IMF $9 billion.

10. Pakistan

Pakistan owes the IMF $7billion.



EAN/MA

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