In a major development, the International Monetary Fund (IMF) has given its approval for the first review of Ghana’s loan programme, allowing for the immediate disbursement of approximately $600 million. This comes as Ghana successfully reached a deal to restructure … Read more →
Government has held another constructive engagement with the International Monetary Fund (IMF) on the bailout. Minister of Finance, Ken Ofori-Atta led a delegation from Ghana to the meering which was held outside Ghana with the Managing Director of the Fund, … Read more →
A former Finance Minister in the erstwhile Mills administration, Dr Kwabena Duffuor, says he’s ready to support the government’s bid to seek a bailout from the International Monetary Fund (IMF). Dr Duffuor said his readiness to assist the government to … Read more →
The highly anticipated meeting between government negotiators and officials of the International Monetary Fund (IMF) has commenced. The Fund’s officials are led by Mission Chief for Ghana, Carlo Sdralevich as the fate of Ghana’s financial future is tabled for discussion … Read more →
The Vice President Dr. Mahamudu Bawumia is scheduled to break his silence on the government’s decision to seek help from the International Monetary Fund (IMF) on July 14. Dr. Mahmudu Bawumia will be speaking as a Guest of Honour at … Read more →
Deputy Minister of Finance, Mrs Mona Quartey says the three-year International Monetary Fund (IMF) bailout programme signed one year ago is yielding positive results as the country has received over $500 million from development partners within the one-year period. In … Read more →
A founding member of the New Patriotic Party (NPP), Samuel Odoi-Sykes, is predicting a possible defeat for the governing National Democratic Congress (NDC) at the next elections, if they accept the wrong bailout from the International Monetary Fund (IMF). Mr. … Read more →
A former Finance Minister Dr Kwesi Botchwey is expected to lead Ghana’s economic team that will enter into negotiations with the International Monetary Fund (IMF) on a bailout program. The talks are expected to take of next week Tuesday September … Read more →
President John Dramani Mahama says the decision to open discussions with the International Monetary Fund (IMF) is not because of the failure of government’s own home grown solutions, but rather because of the need for policy credibility and confidence from … Read more →
Osaafo Maafo has stated that an International Monetary Fund (IMF) bailout, which the government intends to seek, is the only option in the face of a biting financial predicament. Speaking on Oman FM radio yesterday following the decision to turn … Read more →