Tag Archives: IMF

The Labour expert, Austin Gamey wants the government to review some of its flagship programmes, especially the Free Senior High School (SHS) education to target only the poor. Ghana is currently engaging the International Monetary Fund (IMF) to agree on a bailout plan at a time when its public finances …

Ghana’s President Nana Akufo-Akufo has been urged to address Ghanaians following government’s move to seek help from the International Monetary Fund (IMF) to revive Ghana’s ailing economy. Former New Patriotic Party (NPP) Member of Parliament (MP) for Mampong Constituency, Francis Addai Nimoh, who made this appeal on Asempa FM’s Ekosii …

Pressure group OccupyGhana has described as disappointing the government’s decision to seek financial assistance from the International Monetary Fund (IMF). In a statement, the group noted that this move contradicts the much-touted ‘Ghana beyond Aid’ the incumbent administration propagates. Last week, the Akufo-Addo government made a formal declaration of its …

Each of the countries going to IMF have unique circumstances that have led them to declare the need for help. Ghana is locked up in staggering pension liabilities, expensive labor contracts, huge flagship programs with large expenditures, and at the same time tax revenue that have fallen due to weak …

The Minority Leader in Parliament, Haruna Iddrisu  has said the government must take full responsibility for mismanaging the country’s economy. Iddrisu urged the government to focus on expenditure reduction to protect the country’s economy. He said the latest government decision to seek the support of the IMF is an admission …

The Vice-President of the Republic of Ghana,  Dr Mahamudu Bawumia is expected to speak on Ghana’s engagement with the International Monetary Fund (IMF) at a public event on 14 July. According to a Facebook post on Tuesday (5 July 2022), his spokesperson Gideon Boako said Bawumia will be speaking to …

The Ministry of Finance has allayed fears about the fate of government’s flagship Free SHS policy and other landmark programmes. In a statement on Tuesday, the Ministry said that the Free SHS policy and other popular government initiatives would not be canceled despite the state’s application for IMF support. The …

Award-winning Ghanaian actress, Lydia Forson, has urged the governing New Patriotic Party (NPP) to apologise to Ghanaians, amidst the current economic difficulties. Her call follows a decision by government to resort to the International Monetary Fund (IMF) for economic assistance. According to her, an apology from government will show ‘honest …

A team from the International Monetary Fund (IMF) is expected to arrive in Ghana on Wednesday, July 6 to begin negotiations with government on the economic support it is seeking. The IMF officials – comprising senior officers from the Fund and local staff – will meet the Finance Ministry, the …

It appears that calls for Finance Minister Ken Ofori-Atta’s head over Ghana’s current economic misfortunes may have come to naught. Government spokesperson, Kojo Oppong Nkrumah says justifications so far for Ken Ofori-Atta to step down are neither here nor there. Many critics including former President John Mahama have called for …