Tag Archives: IMF

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 …

South Africa’s third most popular party, the Economic Freedom Fighters (EFF) have held a massive protest against government’s dealings with international lenders – the World Bank and the International Monetary Fund. The protests in Cape Town were held outside the premises of the temporal Parliament where Finance Minister, Enoch Godongwana …

Gabby Asare Otchere-Darko has intensified his recent attacks on the economic record of former President John Dramani Mahama. His latest jibe being about how Mahama had mismanaged Ghana’s new oil wealth when he served as President between 2013 and 2017. According to Gabby, even without a pandemic at the time and with …