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│ IMF cautions Ghana against rushing back to │

│ international capital markets │

│ large - Adom Online - unknown/unknown [GHA] │

│ │

│ The IMF cautioned Ghana on Aug 25 against │

│ rushing back to international capital │

│ markets, urging it to rebuild investor │

│ confidence and its credit rating first. │

│ This is a genuinely new in-window item and │

│ specifically NOT the July 27 IMF-completion │

│ story that has been recirculating as fresh. │

│ A creditor counselling patience does not │

│ reverse the debt-distress exit already │

│ booked, and it cautions against │

│ extrapolating it. │

│ │

│ https://www.adomonline.com/imf-cautions-gha │

│ na-against-rushing-back-to-international-ca │

│ pital-markets/ │

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│ IMF upgrades Ghana's debt distress risk │

│ rating to moderate │

│ medium - IMF via The Ghana Report - │

│ multilateral/multilateral [GHA] │

│ │

│ The IMF Board's July 27 sixth ECF review │

│ upgraded Ghana from high to moderate │

│ debt-distress risk after 13 years, │

│ disbursed a final ~$371M and approved a │

│ 36-month no-money Policy Coordination │

│ Instrument, atop $2.1B in Eurobond │

│ repayments since January 2025. The same │

│ window's counterpoint: the cedi fell 3.1% │

│ in July (-10.4% YTD) after reserves dropped │

│ $1.2B on the buyback and June FX │

│ intervention; both booked, not netted. │

│ │

│ https://theghanareport.com/business/imf-upg │

│ rades-ghana-to-moderate-risk-of-debt-distre │

│ ss/ │

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│ Ghana meets debt target and gets final IMF │

│ disbursement │

│ feature - Reuters - wire/independent [GHA] │

│ │

│ The IMF Executive Board completed the sixth │

│ and final review of Ghana's $3B ECF July │

│ 27, disbursing the last ~$371M; Ghana │

│ achieved 'moderate risk of debt distress' │

│ for the first time in 13 years with all │

│ debt indicators below LIC-DSF thresholds │

│ and the restructuring largely complete. │

│ Drove Ghana fiscal near 1 to 3 and long 3 │

│ to 4. │

│ │

│ https://www.sowetan.co.za/news/africa/2026- │

│ 07-28-ghana-meets-debt-target-and-gets-fina │

│ l-r62bn-loan-from-imf/ │

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