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IMF: ‘Ghana’s current economic challenges are not locally generated’

September 22, 2022 12:47 pm Add a Comment

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has stated that Ghana’s current economic challenges are the result of external shocks, not domestic policy. Speaking at the Africa Adaptation Summit in the Netherlands earlier this month, Georgieva said … Read more →

IMF to deploy another mission to Ghana in coming weeks

September 19, 2022 10:01 am Add a Comment

The International Monetary Fund is set to deploy another mission to Ghana in the coming weeks as the country races against time to tie down a bailout programme. In July, a staff mission visited Ghana for initial discussions after the … Read more →

Govt expects IMF cash to hit account in Q4 this year as Fitch predicts Ghana to receive $3bn

August 29, 2022 3:27 pm Add a Comment

Government spokesperson on Governance and Security, Mr Palgrave Boakye-Danquah has revealed that the fund from the International Monetary Fund (IMF) is expected to hit the accounts of the Government of Ghana in the fourth quarter (Q4) of this year. This … Read more →

Cutting UK taxes now would be a mistake – IMF

July 18, 2022 8:06 am Add a Comment

Tax cuts are being promised by several Conservative party leadership hopefuls, but a top official at the International Monetary Fund has warned it might be better to raise them instead. “I think debt-financed tax cuts at this point would be … Read more →

We went to IMF too late – Mahama

7:53 am Add a Comment

Former President Mahama has asserted that the Akufo-Addo government was in a state of self-denial for far too long as regards the resort to the International Monetary Fund (IMF) for economic assistance. He said the delay in seeking help, when … Read more →

IMF team concludes visit to Ghana

July 14, 2022 8:05 am Add a Comment

The International Monetary Fund (IMF) has concluded its initial mission to Ghana as part of an invitation for the fund to assist the country stabilise and revitalise the economy. It is the 18th time Ghana is going to the IMF for … Read more →

Approve $1bn loan to prevent economy from grinding to a halt – IMF to Parliament

July 13, 2022 2:07 pm Add a Comment

The team from the International Monetary Fund (IMF) has advised Ghana’s Parliament to approve a $1bn loan that is before the House in order to prevent economy from grinding to a halt, TV3’s Parliamentary correspondent Komla Kluste has reported. The team … Read more →

IMF team to engage Bawumia, Parliament today

July 12, 2022 8:56 am Add a Comment

The visiting team from the International Monetary Fund (IMF) is expected to engage the Vice President, Dr Mahamudu Bawumia, today as part of its data gathering and engagement with the government. This is one of the high-level meetings that the … Read more →

Dr. Wereko-Brobby jibes government’s IMF move

July 4, 2022 10:02 am Add a Comment

New Patriotic Party (NPP) stalwart, Dr. Yves Charles Wereko-Brobbey, popularly known as Tarzan, appears to mock the economic managers of the country following government’s decision to engage the International Monetary Fund (IMF) for a bailout. In a terse post on social … Read more →

Economic crisis: Ghana left with no other option than return to IMF – Mahama

July 1, 2022 9:07 am Add a Comment

Former President John Mahama is piling pressure on the government to seek a bailout from the International Monetary Fund (IMF). “Due to the nature and depth of our economic problems, this government virtually has no other sustainable option,” Mr. Mahama … Read more →