Hon. Emmanuel Kwabena Agyarko, Member of Parliament for Ayawaso West Wuogon Constituency has expressed no surprise in the findings by the International Monetary Fund (IMF) regarding the statistical figures churned out by Bank of Ghana (BoG) on Ghana’s economy. According … Read more →
As the Mahama administration dispatches Ghana’s negotiating team with the International Monetary Fund (IMF) to Washington in the United States for further talks on the financial bailout, the IMF says figures presented by the government are not accurate and that … Read more →
The Asantehene, Otumfuo Osei Tutu II, has welcomed the decision by the government to seek technical assistance from the International Monetary Fund (IMF) but advised the government to make sure that the programme does not create undue hardship for the … Read more →
President John Dramani Mahama is hopeful that current talks with the International Monetary Fund for a soution to the country’s dire economic straits may be the last time Ghana is turning to the Bretton Woods institution for assisstance. He said … Read more →
The founder of the Progressive Peoples Party (PPP), Dr. Papa Kwesi Nduom, has expressed doubts that government can strictly adhere to the International Monetary Fund (IMF) bailout program. He argued that the country’s track record regarding the strict adherence to … Read more →
The International Monetary Fund (IMF) has cast serious doubts onGhana’s economic projections as it estimates overall real Gross Domestic Product (GDP) growth at4.5% for 2014, far below government’s target of 7.1%. The 4.5% GDP growth projectionsrepresents 0.3% points decrease below … Read more →
AS Ghana concludes negotiations with the International Monetary Fund for a bail-out package, whether financial, purely advisory or most likely a combination of the two, to reverse the country’s deteriorating economy, the accompanying policy package – commonly referred to as … Read more →
The Ghana cedi’s abysmal performance on a daily basis against major foreign currencies has earned it notoriety as the worst performing currency in the world. Even though Government, at the beginning of the year, was considering going for a bail-out from the International Monetary Fund (IMF), it has now turned … Read more →
President John Dramani Mahama has been challenged to provide documentary evidence to back his claim that Ghana is not running to the International Monetary Fund (IMF) for a bail-out from the current economic crisis. Director of Operations of the Progressive … Read more →
The Executive Board of the International Monetary Fund (IMF) has warned that Ghana’s high fiscal and current account deficits poses significant risk to the growth of the economy. The IMF announced this after concluding their Article IV consultation with Ghana. … Read more →