Tag Archives: IMF

While in opposition, the New Patriotic Party in the lead up to the 2016 elections consistently lambasted the John Dramani Mahama administration particularly on issues bothering on the economic management of the country. From corruption allegations to inflation issues, the NPP accused NDC of gross incompetence at managing the economy and further saddling Ghanaians …

Tanzanian President Samia Suluhu Hassan has defended her usage of loans from multilateral lenders, telling an audience in Accra that the institutions were her country’s lifeline in the Covid-19 pandemic. Samia, appearing on a panel alongside Presidents of Ghana, Mozambique, and Comoros, said the loans received from the International Monetary …

With the passage of the Electronic Transactions Levy (E-Levy), arguments on whether or not the country should still pursue the option of either going to the World Bank or the International Monetary Fund (IMF) have been shot down by the Managing Editor of the Insight newspaper, Kwesi Pratt Jnr. According to …

The International Monetary Fund (IMF) has noted that global food prices were at record highs before the war in Ukraine. The IMF said the Russia-Ukraine conflict will further increase costs and inflation more broadly. Since the outbreak of the warfare between Russia and Ukraine, prices of commodities especially, crude oil …

An economist has called on Ghanaians to vehemently reject any attempt by the government to seek the assistance of the International Monetary Fund (IMF) in the wake of Ghana’s collapsing economy. According to Mr Yaw Modey, another IMF policy will not serve the interest of the ordinary Ghanaian. He argued …

The Presidency has debunked media reportage that the government will be considering an IMF bailout as President Nana Addo Dankwa Akufo-Addo chairs a cabinet retreat that started on Thursday, March 17 and is expected to end on Sunday, March 20, 2022. Ghana is currently faced with economic difficulties that have necessitated a …

Falling on the International Monetary Fund (IMF) for a bailout means that we cannot manage our own economy and that they should come to our rescue, Michael Okyere Baafi, Member of Parliament for New Juaben South has asserted. Making a case for Ghanaians and the Minority in Parliament to accept …

The impact of COVID-19 on Ghana’s economy cannot be discounted especially because even the global economy was so impacted that multilateral lenders like the World Bank and International Monetary Fund, IMF, were also broke at a point. This is the view advanced by Thomas Kusi-Boafo, the Chief Executive Officer (CEO) …

The International Monetary Fund (IMF) has confirmed that Ghana is in debt distress, a deputy Ranking Member on Parliament’s Finance Committee, Isaac Adongo, has alleged. According to him, the development comes after the Fund, in its latest Monetary and Capital Monitor report, affirmed Ghana has attained ‘the unenviable economic status of a …

A Political Scientist, Dr Richard Amoako Baah has said the government will need to go to the International Monetary Fund (IMF) for support to deal with the challenges facing the economy. He said the government can only delay in the move to the Bretton Woods institution but will eventually go …