IMF | 233times

ALL POSTS FILED UNDER: IMF

Diligently follow bailout programme guidelines – IMF to Ghana

February 6, 2024 8:46 am Add a Comment

The International Monetary Fund (IMF) has emphasised the importance for Ghana to stay committed to its bailout program to fully realize its benefits. The Bretton Woods Institution stressed the need for effective implementation of structural reforms, especially following the disbursement … Read more →

IMF approves 2nd tranche payment of $600m bailout

January 22, 2024 7:55 am Add a Comment

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 →

IMF reschedules board meeting on Ghana’s programme to January 19

January 15, 2024 8:12 am Add a Comment

The International Monetary Fund (IMF) has rescheduled its Executive Board meeting to review Ghana’s programme and approve some $600 million for the country to January 19, 2024. This is what Joy Business has picked up from persons with knowledge of … Read more →

IMF approves $600m for Ghana

January 11, 2024 8:34 am Add a Comment

It has emerged that the Government of Ghana has gotten the green light on the term agreement from the Official Creditor Committee, to pave the way for the IMF Executive Board to release the second tranche of the $3 billion … Read more →

IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring

October 16, 2023 9:48 am Add a Comment

The Director of the African Department at the International Monetary Fund (IMF), Abebe Aemro Selassie, has confirmed that Ghana has taken the required steps to secure the long-awaited financing assurance from its external creditors. He added that the IMF is … Read more →

IMF defends gloomy UK forecast after government criticism

October 11, 2023 7:20 am Add a Comment

The International Monetary Fund has rejected government suggestions that its latest assessment of the UK economy is too gloomy. The influential global group forecasts the UK will have the highest inflation and slowest growth next year of any G7 economy, … Read more →

IMF provides clarification on Bank of Ghana’s GH¢60 billion loss

August 11, 2023 8:50 am Add a Comment

The International Monetary Fund (IMF) has addressed the concerns surrounding the Bank of Ghana’s (BoG) GH¢60 billion loss incurred during the 2022 fiscal year, aiming to allay anxieties by asserting that there is no need for alarm. The BoG has … Read more →

‘Strategists don’t go to IMF’ – Kennedy Agyapong to NPP strategist for currency depreciation

July 17, 2023 9:10 am Add a Comment

Mr. Kennedy Ohene Agyapong, a prominent member of the New Patriotic Party (NPP) vying for the party’s flagbearer position, has voiced his discontent with the government’s handling of the local currency. During his campaign tour in Kintampo East on July … Read more →

IMF staff to visit Ghana to monitor Economic Recovery Programme

June 7, 2023 12:05 pm Add a Comment

A mission staff from the International Monetary Fund (IMF) is scheduled to arrive in Ghana today, Wednesday, June 7, to assess the progress of Ghana’s Economic Recovery Programme. This visit marks the first assessment by the IMF following the approval … Read more →

Ghana going to IMF was painful decision- Prez. Akufo-Addo

May 29, 2023 7:28 am Add a Comment

President Nana Addo Dankwa Akufo-Addo has defended his decision to seek financial assistance from the International Monetary Fund (IMF) to support Ghana’s economic recovery from the COVID-19 pandemic and the war in Ukraine. Speaking in a national address on Sunday, … Read more →