ALL POSTS FILED UNDER: IMF
IMF to Ghana, African nations: Tighten fiscal policies as global risks rise
Add a CommentThe International Monetary Fund (IMF) has called on Ghana and other African economies to reinforce fiscal discipline and deepen structural reforms as global headwinds threaten growth. Speaking at a press conference during the IMF-World Bank Spring Meetings, Managing Director Kristalina … Read more →
IMF, Ghana reach staff level agreement for $370m
Add a CommentThe International Monetary Fund (IMF) and the government have reached a staff-level agreement on a new package of economic policies and structural reforms under Ghana’s 36-month Extended Credit Facility (ECF) programme. The agreement paves the way for the conclusion of … Read more →
‘Stay out of Ghana’s anti-LGBTQ debate’ – Prez Mahama to IMF, World Bank
Add a CommentPresident John Dramani Mahama has warned multilateral institutions like the World Bank and the International Monetary Fund (IMF) to avoid interfering in Ghana’s domestic policies, particularly concerning cultural and social issues such as LGBTQ+ rights. Speaking in an interview with … Read more →
IMF to discuss 2025 budget with govt amid plans to scrap key taxes
Add a CommentThe International Monetary Fund (IMF) is set to begin critical discussions with the government this week as the country finalises its 2025 budget which is scheduled for presentation in March. The talks come at a pivotal moment, with the government … Read more →
Gov’t could seek more IMF funding – Ato Forson
Add a CommentThe new Mahama government could seek extra funding from the International Monetary Fund (IMF) during its current, three-year programme with the lender to cushion the economy. This was disclosed by the Finance Minister-designate, Dr Cassiel Ato Forson, on Thursday. President … Read more →
Ghana is 2nd most indebted African country to IMF
Add a CommentGhana is the second most indebted country to the International Monetary Fund in Africa in terms of Concessional Lending and Debt Relief Trust. The country’s exposure to the Fund stood at 2.242 billion Special Drawing Rights, an equivalent of $2.914 … Read more →
Ghana’s growth rate to gradually increase to 5% beyond 2024 – IMF
Add a CommentBeyond 2024, Ghana’s Gross Domestic Product (GDP) growth is projected to gradually increase to its potential level of about 5.0%. This is consistent with many forecasts by international research institutions. According to the International Monetary Fund (IMF) Country Report on … Read more →
Ghana receives $360M boost from IMF after third review
Add a CommentThe International Monetary Fund (IMF) has approved a $360 million disbursement to Ghana following the successful completion of the third review under its $3 billion Extended Credit Facility (ECF) program. This brings Ghana’s total receipts from the program to $1.92 … Read more →
IMF sees longer inflation struggle for African, Middle East countries
Add a CommentProgress 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
Add a CommentThe 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 →
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