The International Monetary Fund (IMF) expects Ghana to quickly reach an agreement with the Official Credit Committee over its external debt restructuring. Julie Kozack, IMF’s Director of Communications at a….
The International Monetary Fund has reiterated its optimism that the Official Creditor Committee, and the Ghanaian government will find an agreement soon on the external debt restructuring. More than half….
Ghana is debt-trapped and has maintained its position as Africa’s highest borrower from the International Monetary Fund (IMF). After trimming about ¢90 billion of its domestic debt through a debt exchange programme,….
Ghana retained its position in Africa as the most indebted country to the International Monetary Fund as the country’s loan to the Fund shot up by 35.3% in the second….
Fitch Solutions is forecasting that the Ghana cedi would end 2023 at ¢11.40 against the US dollar. This is lower than the ¢12.40 it predicted early in the year, at….
An economist, Dr. Patrick Assuming, has expressed his confidence in Ghana’s ability to bag the second tranche of the International Monetary Fund’s $3 billion loan in September. According to him,….
The International Monetary Fund (IMF) Resident Representative in Ghana, Dr. Leandro Medina, has said that the Bank of Ghana’s task of guiding inflation back to its 8 percent target in….
The economy is displaying promising signs of progress following a series of robust economic reforms aimed at achieving macroeconomic stability and sustainable growth, Dr. Leandro Medina – the IMF Resident….
The Ghanaian financial sector has been in severe distress, characterised by an insolvent banking system as result of the domestic debt exchange in 2022. Using the 16% discount rate for….
The International Monetary Fund (IMF) has repeated the reasons that the Bank of Ghana (BoG) gave for the GH¢60billion loss it incurred as the actual cause of the BoG loss…..
