Ghana exits IMF, but broken promises stoke fears of an 18th bailout

Three days after Ghana formally exited the International Monetary Fund's Extended Credit Facility (ECF), the country is again hearing a familiar promise: that this bailout, the 17th in its history, will be the last. It is the third time in twelve years a sitting president has made that pledge. The previous two were broken inside a single political cycle.

By Isaac Agyei