As part of an IMF-sponsored economic reform program, the second-largest cocoa producer will have to cut its losses from the industry regulator.

Ghana received approval this week for a three-year, $3 billion IMF bailout, with the first disbursement of about $600 million expected this week.

Further payments will require the Ghanaian government to meet specific objectives aimed at restoring economic stability and reducing the country’s debt burden ahead of periodical IMF reviews.