Ghana Government Spending has remained within budget limits, while the authorities have significantly expanded social protection programs to help mitigate the impact of the crisis on the mos... Read more
The revelation was captured in the Fund’s latest document dubbed “Ghana: Selected Economic and Financial Indicators, 2022–28”. Read more
President Nana Akufo-Addo has asked the International Monetary Fund (IMF) and the World Bank to assist poor and vulnerable nations in obtaining lower-cost loans to fund climate action initia... Read more
Yaw Osafo-Maafo, a senior presidential advisor, has promised that the government’s allowances for trainees at colleges of education won’t be eliminated. The notion of eliminating... Read more
A National Communication Team member of the NPP, Solomon Owusu, speaking to Kasapa fm on phone says the Vice President who remains the Head of the Economic Management Team and the Chair of t... Read more
According to the International Monetary Fund (IMF) 2023 report, there will be an amendment to the BoG Act that will feature a stricter limit for monetary financing, mechanisms to monitor and... Read more
“There is a $600 million release, and we will be working with the IMF to see if we can get it by tomorrow, and then we will move on to the next 6 months which will be another $600 million, a... Read more
Their comments come following the approval of the $3 billion-dollar loan request by the IMF board on Wednesday, May 17, 2023 Read more
The Governor noted that the money would boost the country’s reserves and the Cedi which is already doing very well in recent times Read more
In a three-page petition, the groups said prior to the staff-level agreement, the IMF team at a meeting in Accra with the CSOs assured participants of its commitment to protect social protec... Read more
The delegation forms part of a team made up of the Finance Minister, Ken Ofori-Atta, the Governor of the Bank of Ghana, Dr Ernest Addison and other members of Ghana’s economic management tea... Read more
The International Monetary Fund has lowered Ghana’s growth rate to 1.6% for this year, from the earlier projection of 2.8% in its April 2023 World Economic Outlook (WEO) Report Read more
Ghana owes $5.5 billion to foreign governments and their state banks. Ken Ofori-Atta, Finance Minister, said he had “hope” those bilateral creditors would consent to enough debt relief to en... Read more
“We are on course for the IMF staff to present to the IMF executive board Ghana’s programme request for a 3 billion dollar extended credit facility by the end of the month,” he said on Wedne... Read more
Comments