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 …
Read More »Mahama created a crisis that sent us begging for an IMF bailout – Gabby
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 …
Read More »IMF will ‘force’ Akufo-Addo to use presidential jet for travels – Ablakwa
In the past few weeks, Finance Minister, Ken Ofori-Atta, noted that government would not go back to the International Monetary Fund (IMF) for a financial bailout. He added that it is for this reason that government wants to implement the E-levy to rake in revenue to solve most of the …
Read More »Okudzeto gives reason Akufo-Addo ‘fears’ IMF
North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, seems to have diagnosed the reason behind the hesitation the New Patriotic Party (NPP) government is showing in going to the International Monetary Fund (IMF) for bailout. The country’s debt portfolio has ballooned to the extent that urgent measures are needed to save the economy …
Read More »E-levy: Don’t Annoy Me! Nobody Wants To Go To The IMF – Kwesi Pratt Blasts NDC
Seasoned Journalist and Managing Editor of the Insight newspaper, Kwesi Pratt Jnr. has snapped at the National Democratic Congress (NDC) over comments by some members that Ghana should return to the International Monetary Fund (IMF) for financial assistance. Speaking on Friday edition of Peace FM’s ”Kokrokoo” programme, Mr. Pratt alluded to some …
Read More »IMF not panacea to Ghana’s economic woes – World Bank, experts
The World Bank and Economic and Finance experts say Ghana does not require an International Monetary Fund (IMF) programme to guarantee a strong economic footing to accelerate its national development. They said though a programme with the IMF would be helpful in debt management, it would only provide a short-term …
Read More »NPP dropping from 169 to 137 seats in Parliament after exiting IMF, Free SHS, 1D1F was shocking – Buaben Asamoa
The Director of Communications for the New Patriotic Party (NPP) Yaw Buaben Asamoa is still wondering why his party was able to squander the overwhelming majority it controlled in the 7th Parliament to now be on the same level with the National Democratic Congress (NDC) in the 8th Parliament after the 2020 elections. Prior to the 202o polls, …
Read More »‘IMF is the solution to Ghana’s economic challenges, not e-levy’ – Ato Forson
The debate about the passing of the controversial Electronic Transaction Levy (E-levy) by the government still remains unsettled after facing rejection from the Ghanaian public and the Minority caucus in Parliament. Although the government claims the intended purpose of the new tax measure is to raise revenue to support job creation …
Read More »Going to IMF would have serious consequences on Ghana’s economy – Economist
Going to IMF would indicate that Ghana is not financially disciplined – Prof Lord Govt might not be able adhere to IMF conditionalities – Prof Lord International money market should be a ‘no go area’ for govt – Economist A senior lecturer at the University of Ghana Business School (UGBS), …
Read More »There is urgent need to accelerate vaccinations in low income countries – IMF, WB, WTO
A joint statement released by the International Monetary Fund (IMF), World Bank Group, World Health Organization, and World Trade Organization has said there is urgent need to accelerate vaccinations in low-income Countries (LICs), where, according to the bodies, under 5% of the population is fully vaccinated, as well as in …
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