"It clearly will have a catalytic effect," IMF Managing Director Christine Lagarde told a news conference at the conclusion of a meeting of the IMF's steering committee.
"When a country has signed a program ... it generally always triggers on the part of other bilateral institutions, of other bilateral lenders, financing that sometimes had been frozen or locked."Earlier this month, the Fund approved a three-year $918 million financial assistance deal for Ghana aimed at restoring economic stability and boosting job growth. (Reporting by Timothy Ahmann; Editing by Paul Simao)