Tag Archives: IMF

The Minter of Finance, Ken Ofori-Atta, would be updating Ghanaians on the ongoing International Monetary Fund (IMF) bailout programme. The Executive Board of the IMF unanimously approved the $3 billion bailout for Ghana at a meeting on Wednesday [May 17, 2023] in Washington. $600 million out of the $3 billion loan was …

Abubakari Sulemana, a former National Nasara Coordinator of the New Patriotic Party, refused to participate in a discussion on Original TV on the conditionalities of Ghana’s deal with the International Monetary Fund. Sulemana was empanelled with an NDC communicator on the ‘Amanyosem’ show on Original TV but refused to join …

President Nana Addo Dankwa Akufo-Addo delivered his last address to the nation on the COVID-19 pandemic on Sunday, May 28, 2023. The address significantly saw the president announce the official end to the pandemic in Ghana since its outbreak in March 2020. The president also updated the nation on Ghana’s recently approved $3 billion International …

President Nana Addo Dankwa Akufo-Addo is addressing the nation on the measures taken by his government in the fight against the COVID-19 virus, as well as the country’s 17th International Monetary Fund (IMF) programme. The televised address by the president is being broadcast from the seat of government, Jubilee House in Accra. This is …

The International Monetary Fund (IMF) has disclosed that the Chinese government would likely have access to Ghana’s mineral revenue and electricity revenue due to the government of Ghana’s failure to honour its loan agreement. According to a news report by myjoyonline.com, the fund indicated that this might happen because the government of …

International Monetary Fund (IMF) has criticised Ghana’s free Senior High School policy saying, although it has increased enrolment, it is poorly targeted. “Ghana spends close to 4 percent of GDP on education with good results in terms of enrolment but poor learning outcomes. The flagship programme Free Senior High School …

The Minority Caucus in parliament has said that Ghanaians are yet to face the full consequences of the IMF deal in the coming days. Their comments come following the approval of the $3 billion-dollar loan request by the IMF board on Wednesday, May 17, 2023. The Minority believes that Ghanaians …

The campaign team of Ghana’s Vice President, Dr. Mahamadu Bawumia, has responded to the viral circulation of pictures and videos of branded Bawumia pick-up vehicles on social media. In a press release signed by the president of the Bawumia Must-Win (BMW), the team stated that they have observed, with utmost …

The country is on the brink of entering a period characterised by market stability and diminished uncertainties, following the International Monetary Fund’s (IMF) approval of the US$3 billlion deal. The expected disbursement of around US$600million through the IMF programme, along with other anticipated concessional inflows, is anticipated to significantly bolster the …

Bloomberg has reported that the International Monetary Fund has approved Ghana’s request for a $3 billion bailout to support Ghana’s economic recovery, according to its sources The IMF’s Executive Board met to discuss approval for the funding on Wednesday. The report however added that the announcement will be done later in the …