Progress in quelling inflation is more pronounced for advanced economies such as the U.S., while it will take longer for countries in the Middle East and Sub-Saharan Africa, which are still struggling with double-digit price increases, the International Monetary Fund’s … Read more →
The International Monetary Fund (IMF) has given Ghana’s economy thumbs-up, citing significant progress in macroeconomic stability and debt sustainability. However, the Fund emphasizes the need for continued implementation of the policy and reform agenda, particularly ahead of the 2024 general … Read more →
The International Monetary Fund (IMF) has commended Ghana for its stellar economic performance amidst global challenges. During a joint press conference held on July 1, 2024, IMF Mission Chief for Ghana, Stephane Roudette, praised the country’s significant strides under the … Read more →
The International Monetary Fund (IMF) has revised Ghana’s growth rate forecast from 2.8% to 3.1% by the end of 2024. This adjustment is attributed to the reforms Ghana is implementing under the IMF programme, which significantly supports its economic recovery. … Read more →
The International Monetary Fund (IMF) has said that Ghana’s central bank has maintained a prudent monetary policy stance to sustain a rapid reduction in inflation and has taken steps to rebuild international reserves. According to the Fund, the BoG has … Read more →
The International Monetary Fund, IMF is projecting that Ghana will return to single-digit inflation by the end of 2025. The IMF in its Economic Outlook Report is forecasting an end-of-year inflation rate of 8 percent for Ghana. The forecast might … Read more →
IMF is projecting a growth rate of 4.4 per cent for Ghana by the end of 2025. This was captured in the IMF’s Global Economic Outlook released on the sidelines of the Annual World Bank/ IMF Spring Meetings in Washington … Read more →
The Minister of Finance, Dr. Mohammed Amin Adam has indicated that the approval of the second review by the International Monetary Fund (IMF) Executive Board, possibly in June 2024, will trigger the release of the third tranche of US$360 million. … Read more →
The International Monetary Fund (IMF) has said that Ghana’s ongoing economic challenges stem not only from the COVID-19 pandemic but also from excessive spending during election periods. The Managing Director of the Bretton Woods Institution, Kristalina Georgieva, pointed out that … Read more →
The founder and leader of the New Force, Nana Kwame Bediako, popularly known as Cheddar, has expressed his disappointment in how the Ghanaian economy has been managed over the years. According to him, Ghana would not need any foreign aid … Read more →