Tag Archives: IMF

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 …

Increasing inflation, debts and forex crisis are pushing Nigerian and other African economies to the brink, the International Monetary Fund has warned. SaharaReporters earlier reported that IMF Managing Director, Kristalina Georgieva, had said the outlook for the global economy had “darkened significantly” since April. She warned that a global recession …

The International Monetary Fund (IMF) has said its support for Ghana will not scrap Free SHS. It noted that its program aims to protect the vulnerable. The Fund noted that the Free SHS policy needs to be protected describing it as innovative. In its Frequently Asked Questions (FAQs), cited by ModernGhana …

The Vice President, Dr Mahamudu Bawumia, has addressed Ghanaians on the country’s decision to seek economic assistance from the International Monetary Fund. He spoke at the Accra Business School on Thursday, July 14, 2022. Below is the full text of his speech: