The International Monetary Fund (IMF) has praised the recovery of Ghana’s economy, asserting that macroeconomic policies and wide-ranging reformed programmes are already yielding positive results. Stéphane Roudet, the IMF mission
Ghana’s Economy Experiencing Turnaround – IMF
Ghana’s economy is experiencing a rapid turnaround, according to the International Monetary Fund (IMF). The Fund confirmed that macro-economic stability is being experienced, while international reserves are also increasing
‘DDEP, IMF Should Address Economic Challenges’
Hajia Ayishatu Abdul-Kadiri (M) flanked by some of the leaders Faith-Based Institutions (FBI’s) have called on the government and stakeholders to use Ghana’s Domestic Debt Exchange Programme (DDEP), as
2nd Tranche Of IMF Cash Arrives In December– Ofori-Atta
Ken Ofori-Atta In an effort to support Ghana’s balance of payments for 2023 and 2024, Finance Minister Ken Ofori-Atta has announced that the country is on track to receive
IMF Clears BoG Over GH¢60bn Loss
Dr. Ernest Addison, BoG Governor The International Monetary Fund (IMF) has come to the aid of the Bank of Ghana (BoG), absolving it from accusation of mismanagement as a
IMF Backs BoG’s Explanation for GH¢60.8bn Loss
Dr Ernest Addison – Governor of BoG The Bank of Ghana (BoG) has received support from the International Monetary Fund (IMF) regarding its GH¢60 billion ($6.4 billion) loss, as it
IMF Projects Positive Income For BoG
The International Monetary Fund (IMF) has projected that the Bank of Ghana’s (BoG’s) net equity will improve significantly and eventually return to positive territory. This comes after the loss
Tame Inflation – IMF Tells BoG
BoG Govenor, Dr Ernest Addison The International Monetary Fund (IMF) has asked the Bank of Ghana to uphold its policy mandates despite the financial setback experienced in the fiscal
Govt Confident Of Securing Second IMF Tranche
Ken Ofori-Atta speaking with the media Finance Minister, Ken Ofori-Atta, has indicated the government’s confidence in securing the second tranche of the $600 million International Monetary Fund (IMF) loan
Ghana’s Economy Bouncing Back– IMF
The International Monetary Fund (IMF) has acknowledged that Ghana’s economy is showing signs of stabilisation, just a month after the approval of a $3 million extended credit facility.
GIPS Demands National Procurement Strategy For IMF Cash
Simon Annan, GIPS President The Ghana Institute of Procurement and Supply (GIPS) has called for a national procurement strategy that ensures cohesion and consolidation in the government spending of
IMF Cash Bolsters Ghana’s Overseas Reserves
Dr. Ernest Addison Ghana’s Gross International Reserves (GIR) climbed to US$5.7 billion on Friday, May 19, 2023, equivalent to 2.6 months of import cover, thanks to the IMF-backed programme and
Damn The IMF Naysayers
Under the prevailing world economic circumstances of which we are a part, there is good reason to pop champagne over the International Monetary Fund (IMF) bailout which has eventually