Tag Archives: HIPC

Ghana in 2001 under the presidency of John Agyekum Kufuor, was declared a Heavily Indebted Poor Country, HIPC, by the World Bank. According to the President, creditors were not looking at Ghana because of the debt his predecessor had left behind so, there was no benefit and the macro-economy was in …

Former President John Agyekum Kufuor has extolled Otumfuo Osei Tutu II for his contribution to the economic development of the country. He mentioned specifically the Asantehene’s input in Ghana’s exit from the Highly Indebted Poor Countries (HIPC) initiative, at the time the International Monetary Fund (IMF) was hesitant to help. …

Seasoned Journalist, Abdul Malik Kweku Baako has slammed former President and NDC Presidential candidate, John Dramani Mahama over his HIPC comments. Engaging some professionals at the La Palm Royal Beach Hotel in Accra on Monday, 26th October 2020, former President John Mahama was worried about the rate of borrowing by the Akufo-Addo …

Minister of Information, Kojo Oppong Nkrumah, has debunked claims that Ghana has once again been ranked in the category of Highly Indebted Poor Countries (HIPC). According to him, the numerous publications making rounds on social media purporting that the country has returned to HIPC is false. Speaking at the Nation …

Former President John Agyekum Kufuor has said the National Democratic Congress (NDC) administration under former President Jerry John Rawlings once lied to the International Monetary Fund (IMF), leading to Ghana being fined $36 million. He said this was part of the monumental economic challenges that the NDC administration left for him to come and …