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Friday, October 11, 2024

Ghana’s mineral resources, ECG revenues to be seized by Chinese

In a warning from the International Monetary Fund (IMF) last year, it was highlighted that China could potentially access Ghana’s mineral and electricity revenues if the government continued to default on its loan agreements.

The International Monetary Fund (IMF) announced in May last year that the Chinese government could potentially gain access to Ghana’s mineral and electricity revenues if the Ghanaian government fails to meet its loan agreement obligations.

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