Tag Archives: #International Monetary Fund (IMF)

An International Monetary Fund (IMF) staff team will be in Ghana from September 25 through the first week of October to assess the implementation of Ghana’s Economic Recovery Programme. This will be the second visit by the IMF after its board approved Ghana’s bailout on May 17 and review the …

The President of the 4th Republic, H.E Nana Addo Dankwa Akufo-Addo has described the government’s decision to return to the International Monetary Fund (IMF) for a financial bailout as a painful one. Going to the IMF, he said, was not part of the economic transformation agenda the government has been …

The Minority side in parliament is asking Ghanaians to be prepared for the shocks that will accompany the bailout secured from the International Monetary Fund (IMF). According to the caucus, many of the conditionalities could have been avoided if government heeded their call to go to the Fund earlier in …

Finance Minister Ken Ofori-Atta has stated that failure to secure a bailout with the International Monetary Fund (IMF) by mid-March may ground Ghana’s economy to a halt. Addressing Pensioner bondholders who have resisted their inclusion in a domestic debt exchange programme on Monday, February 6, the Finance Minister pleaded with …

The International Monetary Fund is pushing Ghana’s cash-strapped government to stop borrowing from its central bank, according to people familiar with the matter. The IMF wants the two entities to sign a commitment to zero financing, said the people who asked not to be identified because they’re not authorized to …

Ghana’s finance ministry said on Monday it was suspending debt service payments on certain categories of external debt including Eurobonds, commercial loans and most bilateral debt, amid the worst economic crisis in a generation.   Ghana had already announced a domestic debt exchange programme and on Tuesday said it had reached a …

The International Monetary Fund (IMF) has predicted a tough 2023 as it cut growth predictions and forecast economic contraction in a third of the world. “The worst is yet to come,” the global financial institution’s World Economic Outlook report said. “For many people 2023 will feel like a recession,” it …

An International Monetary Fund (IMF) staff team, led by Stéphane Roudet, mission chief for Ghana, will visit Accra from 26 September to 7 October to continue discussions with the Ghanaian authorities on policies and reforms that could be supported by an IMF lending arrangement. IMF staff will also further engage …

The Convener of Campaign Against Privatisation and Commercialisation of Education (CAPCOE), Mr Richard Kwashie Kovey has hinted that Ghana could miss her target of achieving the Sustainable Development Goal (SDG) four by the year 2030.   The SDG4 focuses on Quality Education to ensure inclusive and equitable quality education and …

The President of Ghana  Nana Addo Dankwa Akufo-Addo has expressed optimism that the country will succeed with the International Monetary Fund (IMF) programme. He stated that the IMF intervention is for repairs of the nation’s finances in the short term. In the long term, he said, the country will continue …