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Ghana’s economy deteriorated in 2016 – IMF

February 13, 2017 9:18 am Add a Comment

THE International Monetary Fund (IMF) has expressed shock at the level of deterioration of various economic indicators in 2016 saying Ghana’s fiscal problems required strong efforts of consolidation and the government also needed to urgently address a problem of debt … Read more →

IMF, govt to meet over $918m deal

January 16, 2017 12:54 pm Add a Comment

THE International Monetary Fund (IMF) plans to visit Ghana to hear the new government’s plans for implementing the country’s $918 million aid deal, the Fund said on Thursday. So far, the Executive Board of the IMF has disbursed $464.6million to … Read more →

BoG under IMF pressure to tackle weaknesses in Ghana’s banking

November 11, 2016 2:03 pm Add a Comment

THE Bank of Ghana (BoG) has three months to come out with its recapitalization plan for banks in Ghana to avert a deepening of the current instability in the country’s financial sector, Business Finder can reveal. The International Monetary … Read more →

Ghana makes progress in management of economy – IMF

October 12, 2016 4:14 pm Add a Comment

The International Monetary Fund (IMF) has stated that Ghana is making progress in its economic management but cautioned that the country will have to ride on a bumpy path to economic recovery. The Assistant Director and Head of Fiscal Policy … Read more →

Amend new BoG Act – IMF

October 6, 2016 12:46 pm Add a Comment

BARELY two months after parliament passed the Bank of Ghana (BoG) Amendment Bill, the International Monetary Fund (IMF) has punched holes into the Act and is demanding fresh amendments to introduce a number of new provisions. It said the provision … Read more →

IMF revise Ghana’s GDP growth to 3.3% – Slowest since 1994

October 5, 2016 10:24 am Add a Comment

Economy to grow 3.3% . The slowest since 1994 THE International Monetary Fund (IMF), in its latest forecast, has said Ghana’s economy will grow by 3.3% this year, the slowest since 1994, a report on the Third Review under the … Read more →

IMF decides on Ghana’s fate today

September 28, 2016 11:38 am Add a Comment

The International Monetary Fund (IMF) is expected to meet today and decide on its third tranche of support to Ghana under the Extended Credit Facility (ECF) programme. Government has expressed optimism that the IMF would approve an amount of $114.6 … Read more →

Ghanaians should brace up for the worst – IMF urges fiscal discipline

May 19, 2016 4:09 pm Add a Comment

Ghanaians will have to brace up for more hardships as the International Monetary Fund (IMF) has urged the Bank of Ghana (BoG) to remain committed to bringing down inflation. The low export revenues coupled with fiscal indiscipline have created a gaping … Read more →

10 Fastest growing economies In Africa – IMF

April 25, 2016 7:13 am Add a Comment

The Ivory Coast is Africa’s fastest growing economy, according to the IMF’s latest World Economic Outlook. The West African nation’s GDP is expected to grow by 8.5% this year. The Ivory Coast’s economy has benefited from government policies and structural … Read more →

IMF: Ghana likely to end year with 74% debt-to-GDP ratio

April 14, 2016 7:48 am Add a Comment

Government will end the year with a debt-to-GDP ratio of 74.1 percent, according to the new Fiscal Monitor report released by the IMF in Washington DC. The Fiscal Monitor report tracks the expenditure patterns of about 189 countries that are … Read more →