ALL POSTS FILED UNDER: IMF
Ghana’s economic downturn not only due to COVID-19 but also excessive spending – IMF
Add a CommentThe 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
Add a CommentThe 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 →
Diligently follow bailout programme guidelines – IMF to Ghana
Add a CommentThe 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
Add a CommentIn 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
Add a CommentThe 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
Add a CommentIt 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
Add a CommentThe 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
Add a CommentThe 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
Add a CommentThe 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
Add a CommentMr. 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 →
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