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ALL POSTS FILED UNDER: IMF

Ghana can access $500m emergency fund – IMF

March 27, 2020 11:59 am Add a Comment

Ghana can access up to $500 million in the form of concessionary emergency funding from the International Monetary Fund (IMF) to mitigate the effect of the coronavirus disease (CONVID-19) on the economy, the IMF Resident Representative in Ghana, Dr Albert … Read more →

Ghana’s macroeconomy favorable – IMF

October 10, 2019 1:25 pm Add a Comment

The International Monetary Fund (IMF) has given Ghana’s economy a clean bill of health. According to an IMF team which is in the country for Article 4 Consultations, Ghana’s economy remains favorable. The IMF team on Wednesday October 9 met … Read more →

IMF names Ghana as one of 17 countries with fastest growing economies

May 29, 2018 2:17 pm Add a Comment

The International Monetary Fund (IMF) has named Ghana as one of 17 countries whose economies grew rapidly in 2017. Ghana emerged 16th on the list of countries with 6.3 percent growth followed by Turkmenistan, which recorded growth of 6.2 percent. Libya … Read more →

IMF, businesses laud govt – For steering economy successfully

May 24, 2018 3:44 pm Add a Comment

The International Monetary Fund (IMF) and private sector players have lauded government’s efforts in steering the affairs of the Ghanaian economy from 2017 till now. They however urged government to sustain the gains made. Fiscal deficit dropped from 9.0 percent … Read more →

IMF approves $191m credit facility for Ghana

May 2, 2018 6:08 am Add a Comment

The Executive Board of the International Monetary Fund (IMF) on Monday completed the fifth and sixth reviews of Ghana’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement. Completion of the reviews enables the disbursement … Read more →

IMF: Ghana’s economy to grow at 6.3%, 7.6% in 2018, 2019

April 19, 2018 10:33 am Add a Comment

• Single digit inflation also predicted GHANA’S economy will grow at 6.3 percent and 7.6 percent in 2018 and 2019 respectively, with inflation at 8.7 and 8.0 percent respectively, the International Monetary Fund (IMF) has disclosed. The growth projection contained … Read more →

IMF confirms extension of Ghana’s program by one year

August 31, 2017 7:46 am Add a Comment

International Monetary Fund, IMF has officially confirmed the extension of Ghana’s program by one more year. A statement issued by the IMF and copied to JOYBUSINESS noted that “IMF executive board today completed the fourth review of the arrangement under … Read more →

IMF points to domestic borrowing as answer to growing debt

April 20, 2017 8:56 am Add a Comment

The International Monetary Fund (IMF) has thrown its weight behind the government’s decision to rely primarily on domestic borrowing to finance the deficit this year. It says the country’s strong appetite for foreign debt in recent times could prove injurious … Read more →

Ghana’s growth to pick up – IMF

April 18, 2017 9:11 am Add a Comment

THE International Monetary Fund (IMF) says Ghana’s economic growth is due to pick up in 2017 and revenue projections for the year are “optimistic” adding declining inflation and prospects for a significant increase in net international reserves, boosted by recent … Read more →

IMF team in Ghana for Article 4 consultation with gov’t

April 11, 2017 8:39 am Add a Comment

The International Monetary Fund (IMF) mission team is in Ghana to assess the health of the economy as part of its Article 4 consultation. The team will also possibly finalize talks with government on programme extension. The assessment by the … Read more →