Friday, 25 September 2015

What is Ghana's Status now, HIPC or no HIPC?

IMF Boss
What is going on in this Country? a few days ago reports suggested Ghana is now eligible for HIPC, now, the International Monetary Fund (IMF) says Ghana is not eligible for Highly Indebted Poor Country (HIPC) initiative but it is, however, classifying Ghana as a High risk of debt distress country.

The IMF then clarified that Ghana has already, received, debt relief under the HIPC initiative and it is at post-completion point. So whats our status ? HIPC or no HIPC?