Brighten Up My Life (Part3)
European Missionaries had served the African Continent with a way to believe that is not of the Bible in its deepest reflection, but influenced by the desire to dominate less privileged and advanced...
Tag: International Monetary Fund
Terkper Soaks In Moody’s Optimistic Rating
Finance Minister, Seth Terkper, is upbeat other ratings agencies like Fitch and Standards and Poors, will follow suit and give Ghana positive grades, after Moody’s, last Friday, upgraded the...
Finance Ministry Upbeat As IMF Meet Today To Decide Release of 3rd Bailout Funds
The Finance Ministry says it is optimistic a meeting Wednesday by the IMF to decide release of the third installment of funds under the Extended Credit Facility will be favourable. A Deputy Minister...
Pressure Mounts On BoG To Cut Rates
Ghana’s headline inflation is likely to slow further downwards raising prospects of a series of interest rate cuts as the government moves to spur growth. The country’s headline inflation rose to...
Banks Can’t Absorb US$1.8billion Cocoa Loan Inflow
Banks have admitted their inability to take the entire US$1.8 cocoa loan at once, an admission that supports moves by the central bank to delay direct transfers of the loan into the banking sector...
‘Green Book’ Contains Only 20% of Mahama’s Achievements – NDC Communicator
A Deputy Communications Director for the ruling National Democratic Congress (NDC) says the party’s Green Book contains only 20 percent of what the Mahama-led administration has actually achieved....
Ghana’s ‘funds Can Be Used Better’
The flag bearer of the opposition New Patriotic Party (NPP) Nana Addo Dankwa Akufo-Addo has vowed to make life comfortable for the ordinary Ghanaian if he wins the 2016 Elections. In a feature in the...
Moody’s Positive Rating of Ghana A Reflection of Economy- Terkper
Finance Minister Seth Terkper is optimistic recent revision of Ghana’s Long Term Bond Ratings from negative to stable by international Credit Ratings Agency, Moody’s will influence Ghana’s...
Why Ghana Gov’t Needs To Rethink Too Many Eurobond Issues
Why Ghana gov't needs to rethink too many Eurobond issues Introduction There are several advantages that Eurobond brings to the issuing country. The main advantage is to increase the liquidity and...
IMF Decides Ghana’s Fate Under ECF Tomorrow
CitiBusinessNews.com can confirm the board of the International Monetary Fund (IMF) will meet tomorrow, September 28, 2016 to finalize on whether or not to approve the third tranche of funding for...
Moody’s Changes Ghana’s Creditworthiness From Negative To Stable
Moody’s Investors Service (“Moody’s”) has affirmed the Government of Ghana’s issuer and senior unsecured rating at B3 and changed the outlook to stable from negative. The key drivers of...
Blame Mahamas Incompetence And Corruption For Ghanas Economic Crisis
The National Organiser of the New Patriotic Party (NPP) in Germany, Mr Kwaku Anane-Gyinde has attributed the current economic crisis facing Ghana and the attendant hardships inflicted on the citizens...
Moody’s Reviews Ghana’s Issuer Outlook From ‘negative’ To ‘stable’
Rating agency, Moody’s has reviewed Ghana’s issuer outlook from negative to stable, maintaining the rating at B3. The key drivers for the review, according to the rating agency, is the...
IMF Cash Delay To Push Inflation & Credit Up
The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation will shoot up in the coming months if there is a further delay in the release of...
Further Delay In IMF Cash Will Push Interest Rates Up – Economist
An Economist with the Institute of Statistical, Social and Economic Research, (ISSER), Professor Robert Darko Osei, is cautioning of a further increase in interest and inflation rates over a further...
Frank Agyekum Urges Ghanaians To Ignore Fifi Kwetey’s Lies
Frank Agyekum, spokesperson for former President John Agyekum Kufuor, has entreated Ghanaians to ignore claims by the Minister for Transport, Fifi Kwetey, that the New Patriotic Party under former...
2017 Debt Servicing To Hit GH¢17.5bn
Debt servicing in 2017 is expected to hit GH¢17.55 billion, representing more than 25% of the total projected resource envelope for next year. It comprises GH¢11.1 billion (GH¢11,178,409,057) for...
Scrapping Trainee Allowances ‘irresponsible’– NPP
The removal of teacher and nurse trainee allowances by the government has resulted in untold hardships on students and parents, hence President John Mahama’s comments that he will not restore the...
Go For Woyome Cash – Ghanaians Tell Government
There are strong indications that the majority of Ghanaians want the Mahama-led National Democratic Congress (NDC) government to retrieve all monies lost by the state through corruption scandals,...
China Slowdown ‘biggest Economic Risk’
The former chief economist of the International Monetary Fund has told the BBC a slowdown in China is the greatest threat to the global economy. Ken Rogoff said a calamitous "hard landing" for one of...