Ghana To Get First $600m From IMF After Wednesday
The Minister of State at the Finance Ministry, Dr Mohammed Amin Adam Anta, has confirmed that the first tranche of $600 million will be disbursed immediately after the Executive Board….
Tag: imf
Exchange Rate Depreciations Contributed To Africa’s Public Debt By 10% Of GDP – IMF
The International Monetary Fund has pointed out that exchange rate depreciations contributed to Africa’s rise in public debt by about 10 percentage points of Gross Domestic Product (GDP) on average….
First Tranche Of IMF Cash To Hit BoG Account This Week
The first tranche of International Monetary Fund (IMF) cash to support the country’s balance of payment is expected to hit the Bank of Ghana’s account this week. Joy Business is….
Stable, Transparent Trade Policies Remain Key For Economic Growth – IMF
The International Monetary Fund (IMF) has said in a paper on the ‘Review of the Role of Trade in the Work of the Fund’ that open, stable, and transparent trade policies….
External Creditors Close To Giving Financing Assurances For Ghana’s Debt Rework Talks
Ghana’s official creditors are poised to grant financing assurances and form a committee co-chaired by France and China – key steps for the nation to secure a $3 billion International….
‘IMF Bailout Not Panacea To Our Economic Crisis’ – Oppong Nkrumah
The US$3 billion bailout extended credit facility expected from the International Monetary Fund is not the panacea to Ghana’s economic crisis entirely, Information Minister Kojo Oppong Nkrumah has said. Speaking to journalists….
Cedi To End 2023 At ¢12.40 To A Dollar – Fitch Solutions
The Ghana cedi is expected to end 2023 at ¢12.40 to one US dollar, Fitch Solutions has predicted. This means the rate of depreciation will be far lower than the….
Ghana On Course To Secure IMF Deal Soon – John Kumah Assures
The government has expressed hope of securing the Paris Club financing assurances within the shortest possible time to enable the 3 billion dollar support from the International Monetary Fund. This….
IMF Bailout Delay: What Options Are Opened To Us?
For most business leaders and economic watchers, many expected a deal to have been sealed, especially during the Executive Board Meeting’s just ended Bretton Woods meeting in Washington, where such….
Organised Labour Meets On Govt’s New Debt Restructuring Proposal
Organised Labour will today, Thursday, April 20, meet to consider the Ministry of Finance’s proposed Alternative Offer for Pension Funds. The Ministry is said to have written to the Board….