Tag Archives: IMF

Officially, the IMF assists developing nations in avoiding debt-related problems and bankruptcy. The International Monetary Fund should lend them money and offer them technical assistance so they can accomplish this. Apart from that, the IMF defends a number of the richest nations, their bankers, and risky financial companies, but its …

A pressure group calling itself, Coalition of National Youth Organizers has described the 2023 budget presented by the Minister of Finance, Ken Ofori Atta as International Monetary Fund (IMF) conditionality. According to them, the budget is draconian and will impose more hardship on the already suffering Ghanaian which is inimical …

An economist at the University of Ghana Business School, Prof. Godfred Bokpin has detailed that Ghana’s first president, Dr. Kwame Nkrumah, rejected a programme from the International Monetary Fund in 1965, due to some inconsistencies with the programme the Fund developed. According to him, the former President was the first President …

Renowned economist and senior statesman, Kwame Pianim has disclosed that negotiations between government and the International Monetary Fund, IMF, for an economic rescue programme are not going well. He said in an interview with Accra-based TV3 that the main reason for the situation rested on President Akufo-Addo and his embattled …

The International Monetary Fund has said a deal with Ghana would be announced as soon as feasible following their last visit to the West African country which is seeking a $3-billion programme to stabilise the economy. An IMF team, led by Stéphane Roudet, met during October 11-19 in Washington, DC …

A Private Legal Practitioner, Sampson Lardi Anyenini, says Ghana will not need the support of the International Monitory Fund (IMF) if the Auditor General were to exercise its full power. According to him, Ghana will get enough funds to run the country if the Auditor-General surcharges all persons and institutions …

The former Finance Minister, Seth Terkper, has questioned why the government is still insisting on maintaining flagship programs despite running to the International Monetary Fund (IMF) for a bailout. According to him, the government’s mid-year budget review was emphatic that the flagship programs will not change adding that the current …

A former Political Science lecturer at the Kwame Nkrumah University of Science and Technology (KNUST), Dr. Richard Amoako Baah, has stated that the opposition National Democratic Congress (NDC) is right about a claim of new currency notes printed by the Central Bank. Cassiel Ato-Forson, the Ranking Member on the Finance Committee of …

The founder and leader of Hope Generation Ministries International, Prophet Nicholas Osei alias Kumchacha, has bemoaned the notoriety of some spiritualists and individuals claiming to possess the power of money doubling. According to Prophet Kumchacha, such persons only prey on the greed and gullibility of some members of society and have become …

Outspoken Member of Parliament for the Assin Central constituency, Kennedy Agyapong, has taken a dig at President Nana Addo Dankwa Akufo-Addo for seeking a bailout from the International Monetary Fund (IMF). Mr. Agyapong argued that only governments who have failed to live up to expectations seek support from the Britton …