Nairobi, April 21 -- Several African countries reeling under the weight of economic and political problems are banking on rescue interventions from the World Bank and the International Monetary Fund (IMF), which are now holding their annual spring meets in Washington DC.

Ghana is in debt distress; public debt is unsustainable and the government has embarked on a comprehensive debt restructuring plan, a significant fiscal consolidation programme, and the implementation of reforms to foster economic stability and resilience.

Stabilisation efforts are being supported by the IMF's Extended Credit Facility programme to about $3 billion.

According to the World Bank, the crisis has taken a heavy toll on the pace of economic growth in the coun...