Senator James E.
Risch, a Ranking Member of the U.S.
Senate Committee on Foreign Relations, has urged Treasury Secretary Janet Yellen to leverage the United States' influence as the IMF's largest shareholder to demand Ghana repays $251 million owed to American companies before any further IMF assistance.
According to a publication by Myjoyonline.com, Senator Risch in a letter expressed concerns about the pending $3 billion IMF loan to Ghana, citing significant arrears owed to firms like Twin City Energy, American Tower Company, Kosmos Energy, and Zipline. "It is my understanding that the government of Ghana owes approximately $251 million in outstanding payments to American companies," Senator Risch wrote.
