KEY POINTS The International Monetary Fund, IMF, has reaffirmed its confidence in Ghana’s economic recovery, projecting that the West African nation will reduce its Debt-to-Gross Domestic Product (GDP) ratio to…
IMF
-
-
Business
IMF Reaches Agreement with Ghana to Unlock $370 Million Loan Under Extended Credit Facility
KEY POINTS The IMF and Ghana have reached a staff-level agreement to unlock $370 million under the country’s three-year Extended Credit Facility, bringing total disbursements to $2.4 billion. Ghana’s economy…
-
Ghana is urged to harness the transformative potential of artificial intelligence (AI) to drive economic development and innovation, as emphasized by the Managing Director of the International Monetary Fund (IMF).…
-
The Finance Ministry of Ghana has clarified that the country’s three-year arrangement with the International Monetary Fund (IMF) under the Extended Credit Facility (ECF) program will not be jeopardized by…
-
IMF Director stresses Ghana’s need to adhere to bailout program guidelines for economic stability and prosperity amid challenges.
-
Ghana’s central bank governor, Dr Ernest Addison, has assured the public that the recent increases in taxes will not lead to a surge in inflation, which has been on a…
-
Ghana, a major producer of gold, oil, and cocoa, has received a $600 million payout from the International Monetary Fund (IMF) as part of its $3 billion loan program to…
-
A senior lecturer at the University of Ghana Business School (UGBS) has accused the ruling New Patriotic Party (NPP) of hijacking the Ghanaian economy since assuming power in 2017. According…
-
Ghana has reached a landmark agreement with its official creditors to restructure $5.4 billion of loans, the finance ministry announced on Friday. The deal is a vital step in the…
-
Ghana has secured a $1.15 billion funding package from the International Monetary Fund (IMF) and the World Bank to support its economic recovery from the effects of the global crisis.…