Ghana was ranked fifth in Africa with the entire excellent debt to the Worldwide Financial Fund in August 2025.
This was unchanged from the July 2025 knowledge.
In response to knowledge from the Fund, the nation’s excellent credit score is estimated at Particular Drawing Rights (SDR) of two.70 billion.
Egypt got here 1st with the most important excellent credit score to the Fund to the tune of SDR7.18 billion.
Nonetheless, that is barely decrease than July 2025.
In 2nd and third respectively are Cote d’Ivoire (SDR3.10 billion) and Kenya (SDR3.02 billion).
From sixth to tenth are DR Congo, Ethiopia, Tanzania, Cameroon and Zambia.
Although borrowing from the IMF in itself shouldn’t be unhealthy, the extreme publicity to the Bretton Woods establishment can create long-term difficulties that erode financial independence and credibility.
For African nations, the danger of overreliance on the IMF stems not simply from the monetary load but additionally from the long-term coverage limits imposed.
Due to this fact, avoiding debt traps is important for long-term development and stability.
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