ALL POSTS FILED UNDER: IMF
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 →
Ghana’s economic progress reason for third tranche disbursement – IMF
Add a CommentThe 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
Add a CommentThe 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
Add a CommentThe 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
Add a CommentThe 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
Add a CommentIMF 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
Add a CommentThe 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 →
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