Tag Archives: IMF

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 …

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 …

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 …

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 …

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, …

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 …

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), …

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 …

The International Monetary Fund (IMF) has transferred a little over US$1 billion into the Bank of Ghana‘s account as part of a Special Drawing Right (SDR) allocation to support economic recovery. This came to light when the Fund issued a circular showing Ghana was the 4th country to receive the …

The International Monetary Fund (IMF) will on Monday August 23 2021, make resources equivalent to US$1 billion available to Ghana, in the form of a Special Drawing Rights (SDR) allocation. Launched for all countries to respond to the worst peacetime global recession since the great depression, the SDR allocation follows …