The IMF Board Approval — There Is More Work To Do
There was a bit of good news and reason to celebrate the IMF Executive Board’s approval of the first review of the country’s extended facility agreement – thus paving the….
Tag: imf
IMF Approves Second Tranche Of $600 Million For Ghana As Economic Support
The International Monetary Fund (IMF) has granted its approval for Ghana to receive an additional $600 million in the second tranche of a $3 billion, 36-month Extended Credit Facility (ECF)….
Successful IMF Board Meeting Will Lead To Disbursement Of Second Tranche To Ghana – John Kumah
Deputy Finance Minister Dr. John Kumah asserts that Ghana’s economy has successfully overcome recent challenges, positioning itself for sustainable growth to benefit Ghanaians. In a Facebook post dated January 19, Dr. Kumah….
Ghana’s Economic Programme Beginning To Bear Fruit – IMF Boss
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has stated that Ghana’s economic policies under its programme are beginning to yield the desired outcomes. She emphasised that….
IMF Board Set To Approve US$600M Loan On Friday – Sources
The International Monetary Fund (IMF) executive board is due to meet on Friday to approve a US$600million rescue loan payout to Ghana, three sources have told Reuters, after the country reached….
Ghana Gets Debt-Relief Terms, Enough To Unlock IMF $600M
Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse $600 million to the West African….
Ghana Attains All Fiscal Targets In Line With IMF Programme – BoG
Economic Credit Facility (ECF)-supported programme, the Monetary Policy Report of the Bank of Ghana has stated. According to the report, the targets on the primary fiscal balance on a commitment….
Cedi To Record single-digit depreciation Against Dollar In 2024 – EIU
The Ghana cedi could record a single-digit depreciation against the US dollar in 2024, The Economist Intelligence Unit has disclosed in its 2024 Africa Outlook Report. According to the UK-based….
2024 Budget Will Support IMF-Backed Post-Covid-19 Programme Of Economic Growth – Finance Ministry
The Ministry of Finance has announced that the sector minister, Ken Ofori-Atta will present the National Budget to parliament tomorrow. This is in accordance with Article 179 of the 1992….
IMF Board Proposes 50% Increase In Quota Allocated To Members
The Executive Board of the International Monetary Fund (IMF) has proposed a 50% quota increase allocated to members, including Ghana, in proportion to their current quotas. This will be subject to the Board of….