Tag Archives: International Monetary Fund

The executive board of the International Monetary Fund (IMF) is expected to approve the second tranche of its US$3 billion credit facility to Ghana on 19 January 2023. This follows Ghana’s ability to secure a debt treatment from its official creditors, which has led to the restructuring of US$2.5 billion …

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has attributed Ghana’s economic struggles to the COVID-19 pandemic and the outbreak of the Russia-Ukraine War. The IMF Chief said the Ghanaian economy was thriving and making positive gains until COVID-19 struck, changing the economic outlook and was further …

A private legal practitioner Mr Gordon Edudzi Temaklo has said the Vice President Dr Mahamudu Bawumia has failed as head of the Economic Management Team (EMT). In the view of Mr Tameklo, the Vice President and the Minister of Finance Ken Ofori-Atta are the poster boys of the economic mess …

Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye has said that it is a fact that Covid-19 and the ongoing Russia-Ukraine war impacted negatively on the Ghanaian economy.   Also, he said, it is a fact that the New Patriotic Party (NPP) administration inherited economic …

The University Teachers Association of Ghana (UTAG) has said that it will not tolerate any conditionality by the International Monetary Fund (IMF) that will negatively affect existing agreements between them and the government to improve the Conditions of Service of members. In a statement, the Union said the Government of …

It is a list that appears to have been strategically prepared, taking into consideration the pedigrees of each of the appointees and the specific programs or media platforms they have been assigned to. And without a doubt, the news of the major U-turn by the Nana Addo Dankwa Akufo-Addo government …

Half of the world including developed countries have approached the International Monetary Fund (IMF) for emergency assistance in terms of loans as a result of the global economic crisis as the world appears to be confronted with recession. Kristalina Georgieva, IMF’s Managing Director, disclosed this at a meeting of G20 …

The Member of Parliament for Bolgatanga Central,  Mr Isaac Adongo has proposed to the government to put together a team of experts to be led by an economist Dr Kwame Pianim for the negotiations with the International Monetary Fund (IMF).   He said Finance Minister Ken Ofori-Atta and the Minister …

Government Spokesperson on Governance and Security Palgrave Boakye-Danquah says the International Monetary Fund will not be allowed to dictate the terms of conditionalities in case government goes for financial relief. Mr Boakye-Danquah insists that government will make sure that the IMF measures to be taken, in the case the government …