Tag Archives: IMF

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 …

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 …

Former President John Dramani Mahama has advised Nana Addo Dankwa Akufo-Addo against adding Finance Minister to the team of negotiators for IMF bailout. According to him, Ken Ofori-Atta has lost credibility and trust of stakeholders after he supervised the disastrous collapse of the economy. He urged the Akufo-Addo to immediately take a bold decision …

Key projects and policies could be affected by the government of Ghana’s eventual decision to go to the International Monetary Fund (IMF) for a bailout. Based on the terms and conditions that usually come with an IMF bailout where the government is told to cut down on expenditure and focus …

Ace Ghanaian journalist and General Manager for GHOne TV, Nana Aba Anamoah, has jabbed the New Patriotic Party (NPP) government over its decision to return to the International Monetary Fund (IMF) for support. If readers would recall, in the run-up to the 2016 general elections in Ghana, the president, Nana Addo …

The Member of Parliament for Assin Central, Kennedy Agyapong has said the New Patriotic Party cannot win the 2024 elections with people leading the nation to the International Monetary Fund (IMF) for a financial bailout. Speaking at an on-going NPP National Constituency Officers Welfare workshop at Koforidua in the Eastern …

In May, 2022, Finance Minister, Ken Ofori-Atta, reiterated government’s stance on going to the International Monetary Fund (IMF) for financial assistance. According to him, government was committed to not returning to the IMF because interventions and policies had been put in place to ensure sufficient macroeconomic gains for the local economy …

A former Deputy Minister of Information, Felix Kwakye Ofosu has reacted to the decision by the government to go to the International Monetary Fund (IMF) for support. He said he can imagine the fear that has gripped the head of the Economic Management team, Vice President Dr Mahamudu Bawumia following the decision. “I can …

The Minority in Parliament has called on the Akufo-Addo-Bawumia government to apologise to Ghanaians and immediately cancel the Electronic Transaction Levy (E-levy) for heading to the International Monetary Fund (IMF) for a bailout. Speaking to Starr News Minority spokesperson on Communications A.B.A Fuseini argued the move is final proof of the level …

  President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo has instructed the minister of finance to commence official engagements with the International Monetary Fund.This is contained in a statement issued by the Minister of Information, Kojo Oppong Nkrumah on Friday, July 1, 2022.According to the statement, the finance minister has …