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Ghana's President Mahama outlines reelection manifesto

Ghana's President John Dramani Mahama has agreed to almost $1 billion in IMF loans to help control a ballooning budget deficit and stop the cedi from depreciating, according to Bloomberg NewsGhana’s President John Mahama announced his reelection manifesto at a rally on Saturday promising high economic growth and more jobs ahead of December polls. Addressing a large crowd in the central Brong Ahafo region, Mahama defended his economic track record after Ghana’s growth slid below four percent in 2015, the slowest in over a decade. Ghana, a cocoa, oil and gold exporter, was forced to turn to the International Monetary Fund (IMF) in 2015 for a bailout as global commodity prices tanked.

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