As the landscape of the global economy shifts, the International Monetary Fund (IMF) assumes a vital role in extending financial aid to nations confronting economic adversities.
A pivotal aspect of this assistance lies in offering loans to member countries, aiding in the stabilization of their economies and rectification of financial disparities.
Consequently, countries amass debts owed to the IMF, underscoring their dependence on external financial aid.
GhanaWeb Business delves into the top 10 nations with the highest debts to the IMF, illuminating the magnitude of their financial commitments and the ramifications for their economic trajectories.
Remarkably, Ghana ranks among these leading countries burdened with substantial debts owed to the Fund.
This list is derived from the IMF’s most recent debt statistics.
See the full list below
Egypt
Egypt owes the IMF $11 billion.
Angola
Angola owes the IMF $3 billion.
Kenya
Kenya owes the IMF $3 billion.
Ghana
Ghana owes the IMF $2 billion
Cote D’Ivoire
Cote D’Ivoire owes the IMF $2 billion.
Argentina
Argentina owes the IMF $32 billion.
Colombia
Colombia owes the IMF $3 billion.
Ecuador
Ecuador owes the IMF $6 billion
Ukraine
Ukraine owes the IMF $9 billion.
Pakistan
Pakistan owes the IMF $7billion.
