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Tag Archives: IMF

Ghana likely to go back to IMF – Economist

Ghana is likely to return to the IMF, economist Dr. Lord Mensah has said. According to the University of Ghana Business School Lecturer, if the country continues to dwindling in its revenue, and debt continues to go up, it may be forced to subscribe to the IMF programme in the …

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Invest In Our People To Become Your IMF, World Bank—Settle Ghana To Gov’t

The Director of Settle Ghana, a non-governmental organization based in the Savannah Region, Mr. Abu Karimu is advising governments across the West Africa sub-region to see indigenous people as key partners in development. According to Mr Karim, just like governments in developing countries go to the International Monetary Fund (IMF) …

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Ghana may seek ‘bail out’ in less than two years after exist from IMF – Ato Forson

Former Deputy Minister for Finance, Cassiel Ato Forson has predicted that with the current fiscal challenges the country Ghana will seek a “bailout” from IMF less than two years after the exit. Speaking at a press conference in response to the mid-year budget review, the minority spokesperson on Finance expressed …

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Ghana had 7 days of import cover before requesting for IMF support – Rep

The International Monetary Fund has said that Ghana had the equivalent of $400m in it reserves at the time it requested for the Fund’s support back in 2014. That meant the country had around seven days’ worth of imports in net foreign exchange reserves, according to Resident Representative to Ghana, …

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IMF warns of revenue shortfall if Africa Free Trade Agreement is implemented

The International Monetary Fund (IMF) has warned that Ghana could face revenue shortfall if the country starts the implementation of the African Continental Free Trade Agreement(CFTA) this year. The IMF maintains that although the agreement will boost trade on the continent, it will affect earnings and employment opportunities in some …

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We won’t go to IMF again – Ofori-Atta

Finance Minister, Ken Ofori-Atta has ruled out another romance with the International Monetary Fund (IMF), maintaining that sufficient macroeconomic gains have been made to prevent a return to the UN-backed institution. “The expectation of all of this is that we are consistently on top of the macroeconomics of the country, …

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Ghana is 4th fastest growing economy in Africa – IMF

Ghana is expected to become the fourth fastest growing-economy in Africa, according to the International Monetary Fund (IMF). Ghana is projected to achieve 7.6 per cent gross domestic product (GDP) growth rate in 2019. The projected growth rate is up from the rate of 6.3 per cent GDP in 2018, …

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