Help Ghana Shoulder Debt Burden – IMF Pleads
The International Monetary Fund (IMF) has doubled down on its plea to wealthier nations to support Ghana and other weaker economies to help such countries extricate themselves from the shackles….
Tag: Ghana
Black Queens Ease Past Senegal In Friendly
The Black Queens of Ghana scored three first half goals to defeat the Teranga Lionesses of Senegal 3:0 in an international friendly at the Accra Sports Stadium on Saturday. Gifty….
Charges Not Disclosed To Borrowers In Loan Agreements Null And Void – BoG
The Bank of Ghana (BoG) has announced that charges that are not disclosed to a borrower in a loan agreement should be considered null and void. Describing borrowers who may….
World Bank Lowers Ghana’s Growth Rate To Below 2% In 2023
The World Bank has lowered Ghana’s growth rate to under 2.0% in 2023, placing it at the 29th position in Sub-Saharan Africa, its April 2023 Africa Pulse Report has revealed. This….
I Intend To Do Work That Will Increase Investment In Africa – Kamala Harris
The Vice President of the United States of America, Kamala Harris has expressed her intent to reinforce her country’s partnership with Ghana and other countries on the continent. She made….
Ken Ofori-Atta Leads Delegation To Start Debt Restructuring Talks With China Today
Finance Minister, Ken Ofori-Atta is today (23rd, March, 2023) leading government’s delegation to engage a Chinese government team on Ghana’s debt restructuring programme. The engagements are expected to end on….
IMF Bailout To Depend On Government’s Ability To Achieve 55% Of Debt To GDP – Fitch
The International Monetary Fund support for Ghana will likely depend on the government’s ability to show a path towards bringing the present value of debt to 55% of Gross Domestic….
Ghana’s Debt To IMF Unchanged At $1.70Bn In January 2023; Repays $75m Of Loans
Ghana’s outstanding loans to the International Monetary Fund was relatively unchanged at 1.278 billion Special Drawing Rights (SDR 1.278 billion) at the end of January 2023, equivalent to $1.708 billion…..
February 2023 Inflation Slows To 52.8% To Sustain Downward Trend
Year-on-year Inflation for the month of February 2023 slowed down to 52.8%, the Ghana Statistical Service has pointed out. This is a reduction from the January 2023 estimate of 53.6%,….
Tullow Oil Recovers From Loss Position To Record $49m Profit In 2022
Tullow Oil recovered from its loss position in 2021 to record a profit of $49 million in 2022. The oil giant lost $81 million in 2021. Data published by the….