Bawumiah’s Bad Economics
By Cassiel Ato Forson In his typical fashion, Dr Mahamadu Bawumiah, Vice Presidential candidate of the New Patriotic Party, has presented a 2016 edition of his annual lecture, that simply comprises a...
Tag: International Monetary Fund
Bad Economics For Political Gain
In his typical fashion, Dr Mahmud Bawumia, Vice Presidential candidate of the New Patriotic Party, has presented a 2016 edition of his annual lecture, that simply comprises a mixture of half truths,...
BoG Announces Plans To Give Out Shares In NIB and ADB
The Bank of Ghana (BoG) has announced plans to renounce its ownership of two banks in the country. Currently, the BoG, holds 44.06 and 48.17 per cent shares in National Investment Bank (NIB) and...
My Sojourn At Azuwera; Customs And Traditions And The Debt Owed By The Politician
Azuwera is a community in the Bawku west District of the Upper East Region with a population far less from the population of my village. You may ask what sent me there and you will not cause any...
Seth Terkper Leads Gov’t Delegation To Annual IMF/World Bank Meetings
Finance Minister Seth Terpker is leading government’s delegation to the International Monetary Fund (IMF)/World Bank meetings which open in Washington DC from October 4 to 14. He is joined by the...
Mahama To Resurrect Defunct Black Star Line
President John Dramani Mahama has revealed that steps are being taken by the government to re-introduce the operations of Black Star Line; the national shipping line that in the 1970’s was a key...
Chiefs To Demonstrate Over ‘chopped’ Oil Cash
The discovery and production Ghana’s oil and gas deposits like many other parts of the world has surely affected some persons or communities closer to the resource. And in order for the larger...
How Hillary Clinton’s State Department Fought for Ghana’s Oil
In 2009, Kosmos Energy, a small oil exploration company in Texas, wished to cash in on its discovery of an oil field off the coast of Ghana — one of the largest found in West Africa in a decade....
IMF Approval After 3rd Review In Order
Economist, Dr. Lord Mensah says the International Monetary Fund (IMF) had no choice but to approve the third tranche of funding under the Extended Credit Facility (ECF). According to the Dr. Mensah,...
IMF Makes Adjustments To Ghana’s Bail-Out Programme
The International Monetary Fund (IMF) has been forced to make adjustments to the three-year extended credit facility to Ghana. This was revealed after the third review on Wednesday, September 28. The...
Fiscal Discipline Not Producing Growth
Dr Joe Abbey, Executive Director of the Centre for Policy Analysis (CEPA), has disclosed that even though the extended credit facility of the International Monetary Fund (IMF) to Ghana was restoring...
Ghana’s Economic Outlook Remains Challenging – IMF
Despite approving the release of the third instalment of funds to Ghana under the Extended Credit Facility, the IMF says there are still fiscal risks in the economy that need attention. Acting Chair...
Ghana’s Economic Outlook Still Challenging – IMF
The International Monetary Fund (IMF) has stated that Ghana’s economic outlook still remains challenging. The IMF which approved Ghana’s third review under its ECF program on Wednesday says...
IMF Review Approval Endorses Ghana’s Turnaround Story – Terkper
Finance Minister Seth Terkper has stated that the International Monetary Fund (IMF)’s approval of Ghana’s third review under the Fund’s Extended Credit Facility (ECF) reinforces Ghana’s...
Economic Crisis Making Life Unbearable For Business Folks
Majority of workers in Ghana are impoverished as their real incomes continue to shrink under the country’s economic crisis, the Industrial and Commercial Workers Union (ICU) has lamented. Secretary...
Moody’s Rating Shows We’re Doing Something Right – Mahama
President John Mahama has stated that the recent upgrade from negative to stable by International rating firm, Moody’s is an indication that his government is “doing something right.”...
IMF Approves Ghana’s Third Review
The International Monetary Fund (IMF) board has approved Ghana’s third review under the Extended Credit Facility (ECF). The nod was given yesterday . Ghana last week provided in full data...
IMF Approves Third Tranche of Bailout To Ghana
The Executive Board of the International Monetary Fund has approved the third tranche of $116.2 million under Ghana’s three-year programme with the fund. It follows the final review of Ghana’s...
IMF Board Approves $116m For Ghana
The Executive Board of the International Monetary Funds (IMF) has approved the disbursement of some $116 million to Ghana. This was after the board completed the third Extended Credit Facility review...
Ghana’s Economic Growth Slows In Second Quarter As Oil Output Falls
Ghana's economic growth slowed to 2.5 percent in the second quarter compared with a year earlier, provisional official data showed on Wednesday, due mainly to a temporary halt in oil production....