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Tag Archives: IMF

Pianim, Sam Jonah, Ishmael Yamson: ‘3 Wise Men’ Adongo wants to lead IMF talks

Isaac Adongo, the Member of Parliament for Bolgatanga Central, has tasked government to call on three statesmen to lead upcoming negotiations with the International Monetary Fund (IMF) over an economic rescue programme. Adongo addressed a press conference in Parliament on July 5 where he stated that the current Task Force …

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IMF programme won’t affect free SHS, other flagship programmes – Gov’t

The Ministry of Finance says government flagship programmes like the free SHS policy, Agenda 111 among others, will not be scrapped following government’s decision to seek an IMF bailout. The Ministry says government will ensure that pro-poor policies are not affected by the IMF conditionalities. Government last Friday announced plans …

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IMF programme: Corruption not the main cause of Ghana’s problems – Kwesi Pratt

Seasoned Journalist, Kwesi Pratt says corruption is not the cause of Ghana’s problems. As the nation returns to the International Monetary Fund (IMF) despite calls on the President not to consider such move, especially when he promised Ghanaians he wouldn’t take that route, government officials and members of the governing …

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FULL TEXT: Finance Ministry answers 38 frequently asked questions on IMF bailout

The Electronic Transfer Levy will not be discontinued despite an application to the International Monetary for a financial bailout, the Finance Ministry has said. The Ministry said the IMF bailout is a means to help the country shore up its foreign reserves thus tax measures including the electronic transfer levy …

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IMF team to arrive in Ghana today; bailout talks begin on Wednesday

A team from the International Monetary Fund (IMF) is set to arrive in Ghana today, Tuesday, July 5, 2022, ahead of a discussion with the government of Ghana on a bail-out request made to the fund. Negotiations will begin on Wednesday, July 6, 2022. President Nana Akufo-Addo on Friday, July …

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‘Respect our intelligence’: Nana Aba Anamoah on MP’s IMF defense tweet

Manager of GHOne TV, Nana Aba Anamoah has told a Member of Parliament to respect the intelligence of citizens in seeking to justify a recent decision of government to seek assistance from the International Monetary Fund, IMF, amid an economic downturn. Frank Annoh-Dompreh, who is MP for Adoagyiri Nsawam on …

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Comedian DKB ‘clashes’ with NPP MP over IMF bailout tweet

Comedian Derrick Kobina Bonney popularly known as DKB squared off with the Member of Parliament for Nsawam-Adoagyiri, Frank Annoh-Dompreh over the latter’s defense of the government’s decision to seek an International Monetary Fund, IMF, bailout programme. Frank Annoh-Dompreh who also doubles as the Majority Chief Whip in Parliament had in a social media post cited a news …

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We were forced to go to IMF – Gabby Otchere-Darko

New Patriotic Party (NPP) stalwart, Gabby Asare Otchere-Darko has said that the government was compelled to seek a bailout at the International Monetary Fund (IMF). According to him, the government was left with no choice as policies it proposed, including the E-Levy that could possibly have brought practical solutions to the country’s …

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IMF loan won’t save Ghana’s economy – Renowned US economist

A renowned international economist at the Johns Hopkins University in the USA, Professor Steve Hanke, has stated Ghana’s decision to enter an economic programme with the IMF will not salvage the economy. He predicts that a financial bailout from the Bretton Woods Institution is likely to fail just like the …

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We’re ready to help Ghana restore macroeconomic stability – IMF

The International Monetary Fund (IMF) has said it is ready to help Ghana fix its broken economy. Following the announcement by the government of Ghana on Friday, 1 July 2022 that it had started talks with the Fund for economic support, the Resident Representative of the Bretton Wood institution, Dr …

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