A Ranking Member of the United States Senate Committee on Foreign Relations, Senator James E. Risch, has asked Treasury Secretary Janet Yellen to leverage the country’s position as the IMF’s largest shareholder to ask the IMF to get Ghana repay its debts to American entities. It will be the precondition for U.S. support for further IMF assistance to Ghana, he warned. Expressing formal concerns about the potential $3 billion International Monetary Fund (IMF) loan to Ghana, Senator Risch cited significant unpaid debts owed by the government of Ghana to American companies. In a letter addressed to U.S. Treasury Secretary Janet Yellen, Senator Risch claimed that Ghana owes approximately $251 million in arrears to several U.S.-based businesses, including Twin City Energy (TCE), American Tower Company, GSM, Chubb, Kosmos Energy, and Zipline. These arrears, he noted, have placed a severe financial burden on these companies and threaten their operations in Ghana. It is my understanding t...