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Ghana’s progress on debt restructuring remarkable – IMF
Ghana has made remarkable progress on its public debt restructuring, the International Monetary Fund(IMF) has stated in its Third Review of Ghana’s Economic Facility...
IMF reaches Staff-Level Agreement on third review with Ghana
An International Monetary Fund (IMF) team, led by Mission Chief for Ghana, Stéphane Roudet, has reached a Staff-Level Agreement on the Third Review of...
Ghana places 4th in Africa with highest outstanding debt to IMF
Ghana placed 4th in Africa with the highest outstanding debt to the International Monetary Fund, the Fund’s 2024 Quarterly Financial Statement has revealed.The country’s...
IMF approves $7bn loan to cash-strapped Pakistan
The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan to cash-strapped Pakistan.
The country is due to receive the first $1bn of the...
It is crucial for govt to continue to implement ECF programme to ensure sustainable...
The International Monetary Fund indicated that it is crucial for the Ghana government to continue to implement the Economic Credit Facility (ECF) programme as...
Tax analysts question feasibility of NPP and NDC tax proposals under IMF programme
Some tax analysts have cast doubts the ambitious tax proposals announced in the manifestoes of the two major political parties, the New Patriotic Party...
IMF MD proposes appointment of Nigel Clarke as Deputy MD
Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has announced to the Executive Board her proposal to appoint Nigel Clarke to the...
Frequency of economic crises and IMF bailouts clearly demonstrate serious policy failings – IEA
The Institute of Economic Affairs (IEA) has stated that the frequency of economic crises and the International Monetary Fund (IMF) bailouts clearly demonstrate serious...
Warnings about fate of Ghana’s economy post IMF programme legitimate – Vish Ashiagbor
The Country Senior Partner at Price Water House Coopers (PwC) Ghana Vish Ashiagbor has justified the concerns expressed by some Ghanaians about the fate...
BoG’s independence should remain a priority – IMF to government
The International Monetary Fund (IMF) wants the adoption by Cabinet of the amendments to the Bank of Ghana Act to remain a priority to...
Mahama would renegotiate IMF deal if he regains presidency
Former president John Mahama will try to renegotiate the terms of an International Monetary Fund (IMF) bailout and boost local ownership of future oil...
IMF, Ethiopia reach deal for $3.4 billion in financing
Ethiopia has secured an agreement with the International Monetary Fund for a new financing program worth $3.4 billion, the IMF said on Monday.Ethiopia's central...
IMF programme has compelled government to reduce expenditure – Theo Acheampong
Economist Dr. Theo Acheampong acknowledges government's clear commitment in the Mid-year budget review to cut spending, influenced by the International Monetary Fund (IMF) programme.“Were...
IMF commends BoG for rebuilding Ghana’s International Reserves
The International Monetary Fund (IMF) has commended the Bank of Ghana (BoG) on its dollar accumulation programme aimed at rebuilding the international reserves of...
Macroeconomic outlook remains positive but downside risks persist – IMF
Ghana’s macroeconomic outlook remains positive but subject to significant downside risks, the International Monetary Fund has revealed in its Second Review of Ghana’s Extended...
IMF maintains global growth forecast at 3.2% for 2024
Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2% in 2024 and 3.3% in...
Ghana’s economic reforms show progress – IMF
The International Monetary Fund (IMF) has given Ghana a positive thumbs-up after approving a disbursement of around $360 million following a successful review of...
Construction resumes on Dome-Berekusu-Kitaase road after IMF-induced halt
Construction on the Dome-Berekusu-Kitaase road project has resumed after a temporary halt due to Ghana’s IMF bailout programme.According to reports, work is ongoing on...
Full text: Finance Minister’s address on IMF deal, other issues on economy
The Finance Minister Dr Mohammed Amin Adam has given an update to Ghanaians on the economy and the International Monetary Fund (IMF) deal.This was...
We’re expecting $2.9bn from IMF, other sources to stabilise cedi – Finance Minister
Finance Minister Dr. Mohammed Amin Adam has announced that Ghana is expecting about $2.9 billion from multilateral, bilateral, and private sector financial institutions by...
2024 elections: IMF concerned about impact on Ghana’s economic recovery programme
The International Monetary Fund (IMF) has expressed worry the upcoming general elections in December 2024 could pose some possible risks to gains made under...
IMF: Third tranche of $360m to hit Ghana’s account today
The third tranche of the International Monetary Fund's (IMF) 360 million dollar release is expected to hit Ghana’s account today, Monday, July 1, following...
IMF: Thanks for your patience – Finance Minister to Ghanaians as government anticipates $360m
The Finance Minister has expressed his appreciation to Ghanaians as the country navigates the conditionalities in securing the results of the International Monetary Fund...
IMF commends Ghana’s economic strategy, releases $360 million in latest review
The Executive Board of the International Monetary Fund (IMF) had just wrapped up their second review of Ghana’s US$3 billion, 36-month Extended Credit Facility...
IMF Programme will deepen Ghana’s revenue deficit crisis – Economist
Economist, Dr Nii Moi Thompson has warned that Ghana’s revenue deficit is likely to worsen as the country implements the International Monetary Fund’s (IMF)...
IMF sets date for Board to consider Ghana’s second programme review
The International Monetary Fund (IMF) has set June 28, 2024 for its Board Meeting to consider Ghana’s second programme review and possibly approve $360...
Official Creditors’ MoU will support IMF Board’s approval of US$360m – IMF MD
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), says, the agreement reached between Ghana and its Official Creditor Committee (OCC) will be...
We are very confident our second review will be approved by IMF – Dr...
The Finance Minister Dr. Mohammed Amin Adam is hopeful the International Monetary Fund (IMF) will approve the third tranche funding support of $360 million...
IMF on Ghana: We’re working to get third tranche approved by end of this...
The International Monetary Fund (IMF) says Ghana is likely to receive the third tranche of $360 million by the end of this month, as...
IMF Board to approve $360m third tranche by end of June
Ghana’s second review programme for a third tranche of US$360 million is expected to go before the Executive Board of the International Monetary Fund...
IMF deal couldn’t have been secured without DDEP – BoG
The Bank of Ghana (BoG) has clarified that securing a bailout from the International Monetary Fund (IMF) would have been challenging without the implementation...
Redirect SDRs to Development Banks – AfDB urges IMF as calls grow for global...
The African Development Bank Group is making a strong case for the rechanneling of Special Drawing Rights (SDRs) to development banks especially those in...
Improve energy sector governance to address power challenges – IMF to Ghana
The International Monetary Fund (IMF) has urged Ghana’s government to improve the country’s energy sector governance architecture to address the challenges that have contributed...
IMF programme blamed for the cedi’s decline
Professor Godfred Bokpin, an economist and finance expert, has attributed part of the cedi’s depreciation to the International Monetary Fund’s (IMF) programme with Ghana.He...
IMF programme blamed for the cedi’s decline
Professor Godfred Bokpin, an economist and finance expert, has attributed part of the cedi’s depreciation to the International Monetary Fund’s (IMF) programme with Ghana.He...
World Bank and IMF can press Ghana to rethink ‘punitive’ LGBTQ law
The World Bank and the International Monetary Fund are coming under pressure to use their financial might to persuade Ghana to reconsider a proposed...
We are confident about our board meeting in June on Ghana’s second review –...
The International Monetary Fund (IMF) has indicated that, it is confident Ghana’s second review programme will be completed to help approve some $360 million...
IMF maintains Nigeria growth forecast at 3.3% for 2024
The International Monetary Fund on Thursday maintained its growth forecast of 3.3% for Nigeria's economy for 2024, up from 2.9% last year, citing a...
IMF forecasts growth surge for sub-Saharan Africa
The deputy director of the Africa Department at the International Monetary Fund (IMF), Catherine Pattilo, expressed optimism about the economic prospects of sub-Saharan Africa...
IMF advises Sub-Saharan African countries to invest borrowed funds wisely
Wenjie Chen, the Deputy Division Chief of Regional Studies in the African Department at the International Monetary Fund (IMF), has advised Sub-Saharan African (SSA)...