ALL POSTS FILED UNDER: IMF

IMF sees longer inflation struggle for African, Middle East countries
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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 →

IMF endorses Ghana’s economy progress, urges more reforms
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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 →

Ghana’s economic progress reason for third tranche disbursement – IMF
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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 →

IMF revises Ghana’s growth target from 2.8% to 3.1% for 2024
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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 →

Bank of Ghana has maintained a prudent monetary policy stance – IMF
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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 →

IMF projects single-digit inflation of 8% for Ghana by end of 2025
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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 projects 4.4% growth rate for Ghana in 2025
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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 →

IMF review to inject $360m
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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 →

Ghana’s economic downturn not only due to COVID-19 but also excessive spending – IMF
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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 →

I am the new IMF Ghana needs – Nana Kwame Bediako
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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 →

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