OPEC Fund, IFC Sued For $41.3m
QUANTUM Oil Terminals Limited has sued International Finance Corporation (IFC) and the OPEC Fund for International Development for damages totaling $41.3million ($41,319,123) as damages for alleged...
Tag: United Nations Development Group
More Than 100 Million People To Face Severe Food Insecurity
Despite international efforts to address food insecurity, around 108 million people in the world were severely food insecure in 2016. This shows a dramatic increase compared with the 80 million in...
Eyes Are Watching IMF
I understand the IMF is in town to review Ghana's 3-year Extended Credit Facility (ECF) Program. The international community and the financial markets are likely to closely monitor the outcome of the...
Water Reservoirs To Become Security Zone Areas
Ghana is in the process of turning all water reservoirs into security zones to safeguard the provision of the quality of treated water for the people. Executive Secretary of the Water Resources...
US Withdraws Funding For United Nations Population Fund
The US has withdrawn funding for the United Nations Population Fund (UNFPA), an agency that promotes family planning in more than 150 countries. The state department said the UNFPA "supports or...
US Withdraws Funding For United Nations Population Fund
The US has withdrawn funding for the United Nations Population Fund (UNFPA), an agency that promotes family planning in more than 150 countries. The state department said the UNFPA “supports or...
Government Assures IMF of Stability Despite BoG Governor’s Resignation
The International Monetary Fund(IMF) has told Citi Business News government has assured the fund of its commitment to implement the ECF programme and achieve stability despite the resignation of the...
World Bank To Give Ghana $1.2bn, Africa $57bn
The World Bank Group, in the next three years, will extend a credit facility of $1.2billion to Ghana out of a chunk allocated to Sub-Saharan Africa by the Bretton Wood Institution. The facility,...
WFP Supports School Girls In Ghana
The World Food Programme (WFP) has introduced a biometric electronic-voucher model for girls under its ‘take home rations’ project to eliminate transportation costs borne by government. Mrs...
CEO Sentenced 20 Years For Defrauding Over 150 Persons
The Chief Executive Officer of Prime Hedge Investments Limited, Richard Appiah, has been sentenced to 20 years imprisonment by a Financial and Economic division of the High Court, for defrauding 154...
CEO Sentenced 20 Years For Defrauding Over 150 Persons
The Chief Executive Officer of Prime Hedge Investments Limited, Richard Appiah, has been sentenced to 20 years imprisonment by a Financial and Economic division of the High Court, for defrauding 154...
We’re Not Aware of Push For Extension – IMF
GHANA’S major development partner, the International Monetary Fund (IMF) says it is unaware of government’s decision to push for an extension of the bailout programme. “We are not aware of the...
IMF Programme Has Taught Us Self-Reliance
A Deputy Finance Minister nominee, Kwaku Kwarteng, has noted that the three-year International Monetary Fund (IMF) bailout programme, has taught the country a lesson that such programmes will not...
Mideast Conflicts Leave Millions Unsure of Next Meal
The devastating conflicts gripping the Middle East and North Africa have left 30 million people unsure of their next meal, the UN Food and Agriculture Organisation said. "Food security and nutrition...
More Than 10,000 Attacks On Yemeni Women In 2016
The conflict in Yemen has made women and girls more vulnerable to gender-based violence, with more than 10,000 cases reported last year, the UN Population Fund said on Monday. "Displacement and the...
Six Aid Workers Killed In South Sudan Ambush
Six aid workers have been killed in an ambush in South Sudan, the UN said Sunday, the latest such attack in the country suffering a famine blamed on a brutal civil war. The aid workers were killed...
Ghana YouthSpeak Forum To Be Held On May 26th In Accra
Ghana Youthspeak forum is the highlight of a national campaign program that seeks to gain insight into the sustainable development goals (SDGs) in Ghana by engaging young people on what they think...
ICU Demands Clarity On Extending IMF Deal
The Industrial and Commercial Workers Union (ICU) has implored government not to extend its Extended Credit Facility program with the IMF to December 2018. The ICU says the move could cause further...
ICU Demands Full Disclosure
The Industrial and Commercial Workers Union (ICU) has asked government to provide details of its announced extension of the country’s programme with the International Monetary Fund (IMF). According...
Gov’t Gives Clearance For Recruitment of Health Workers
Government has given clearance for the recruitment of nurses and other health professionals who were granted financial clearance in December 2016. All regional directors of health have therefore been...