In March 2022, a string of global shocks – Covid 19, soaring inflation, and the war in Ukraine – had sent Ghana’s import costs surging and investors fleeing, pushing the country towards a balance of payments crisis. Needing to act, the government confronted a high stakes dilemma: honour its promise to never appeal to IMF for help again, or return for the 17th time to avert a deeper collapse. Through this case, participants explore the trade offs of seeking IMF support and the strategic options facing Ghana.
Coming soon
