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
‘IMF Proud To Partner Ghana’
Kristalina Georgieva Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has stated that members of the Fund are proud to be partners with Ghana in addressing the
$600m IMF Cash Hit Accounts Today
Dr Erneat Addison The first tranche of the International Monetary Fund’s (IMF) $3 billion bailout has finally been granted, bringing a sigh of relief to the government and the
Don’t Expect Magic Overnight Over IMF Deal – Ken Ofori-Atta
Kenneth Ofori-Atta The Minister of Finance, Kenneth Ofori-Atta, has issued a warning about the country’s request for a bailout from the International Monetary Fund (IMF). Despite the request being approved
$3b Deal Will build Ghana’s Economy To Withstand Shocks– IMF Mission Chief
Stéphane Roudet The International Monetary Fund (IMF) has approved a $3 billion bailout for Ghana, and according to the IMF Mission Chief for Ghana, Stéphane Roudet, this will bring about