Ghana: IMF reaches staff-level agreement on a new programme
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IMF yesterday announced staff agreement on a new three-year US$3bn ECF
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Board approval is contingent on financing assurances and progress on debt restructuring
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Agreement is quicker than we had expected but investors will await programme details and DSA; maintain Buy
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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