Ghana has reached a deal to restructure $5.4 billion of loans with its official creditors, the finance ministry said on Friday, a milestone in the country’s quest for debt relief as it charts its way out of the worst economic crisis in a generation. The agreement with bilateral lenders including China and France was key to unlocking new International Monetary Fund (IMF) financing and will allow Ghana to access another $600 million under its $3 billion bailout program.
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