Tag Archives: IMF

Finance minister Ken Ofori-Atta has declared Ghana’s readiness to go to the International Monetary Fund (IMF) Board as it pushes for a US$3 billion Extended Credit Facility. The Paris Club and other major partners, this week, announced that it was giving financing assurances to allow Ghana receive the facility. Reacting to the development via …

The Government of Ghana did not feature in the schedule of meetings for the Board of the International Monetary Fund (IMF) for the rest of April 2023. This comes after the government missed an initial March 2023 deadline to present Ghana’s $3 billion bailout programme to the IMF board announced …

Ghana has taken the tough economic decisions needed to win a rescue package from the International Monetary Fund, once bilateral creditors sign off on assurances, said the institution’s Africa Department Director, Abebe Selassie. The government has increased taxes and imposed losses on domestic investors, as authorities attempt to meet IMF demands …

Osagyefo Oseadeeyo Agyemang Badu II has spoken about the government’s ongoing engagements with the International Monetary Fund [IMF]. He specifically addressed the amount of money that government was seeking from the international lender describing it as a pittance. In his view, there is a link between the financial support government was seeking …

US Vice President Kamala Harris has said the American government is in full support of Ghana’s talks with the International Monetary Fund for a bailout. She also announced during a joint press conference with Ghanaian leader Nana Akufo-Addo at the Jubilee House on Monday, 27 March 2023, as part of …

Certified economist, Bernard Oduro Takyi, has said that the only person who can help Ghana deal with the current hurdle it is facing with getting the $3 billion International Monetary Fund (IMF) bailout is the Asantehene Otumfuo Osei Tutu II. According to him, only the Otumfuo can help with the Chinese government which …

President Nana Addo Dankwa Akufo-Addo arrived in Germany on February 16 aboard the presidential jet. Akufo-Addo’s main engagement in Germany was in respect of the Munich Security Conference where he shared the stage on South-North cooperation with Bill Gates and International Monetary Fund (IMF) Chief Kristalina Georgieva. “We on the continent have been left …

President Nana Addo Dankwa Akufo-Addo has tasked Ghanaians to be patient in the midst of the current economic downturn. Government is seeking a programme with the International Monetary Fund (IMF) with the view to salvage the economy which suffered a torrid 2022 characterised by a rapidly depreciating currency, galloping inflation …

The UK economy will shrink and perform worse than other advanced economies as the cost of living continues to hit households, the International Monetary Fund (IMF) has said. The IMF said the economy will contract by 0.6% in 2023, rather than grow slightly as previously predicted. However, the IMF also …

In January, the annual New Year Comedy Night will return with even funnier and rib-cracking jokes to start off the new year. The opening show of the comedy calendar, which is slated for January 2, 2023, will serve as the impetus for a fantastic comedy year. The show, which is …