Ghana has been identified as the second most indebted African nation to the International Monetary Fund (IMF) in terms of concessional lending.
According to the IMF's Quarterly Finances, the country's outstanding loans to the institution reached $2.914 billion as of October 31, 2024, representing 17% of total African borrowings from the IMF.
Only the Democratic Republic of Congo, with an indebtedness of $2.256 billion SDRs, surpassed Ghana.
Zambia followed in third place with $1.272 billion in outstanding loans.
