Economy To Grow Slowest In 22 Years
Ghana’s economy is projected to grow the slowest in more than two decades on the back of mounting fiscal challenges, tight monetary policy and disruptions in oil production, the IMF has said in its...
Tag: United Nations Economic and Social Council
Amend New BoG Act
Barely two months after parliament passed the Bank of Ghana (BoG) Amendment Bill, the International Monetary Fund (IMF) has punched holes into the Act and is demanding fresh amendments to introduce a...
Ghana Still A High Risk of Debt Distress Economy – IMF
The International Monetary Fund (IMF) has warned that Ghana is still a high risk of debt distress economy. Head of the IMF mission to Ghana Joel Bernante gave the warning in an interaction with...
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...
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 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 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...
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...
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...
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...
TUC Vows To Force Government To Leave IMF Programs
The Secretary General of the Trades Union Congress, Dr. Yaw Baah says the Union will force government to leave IMF programs. Ghana and other African countries have been relying on the IMF for bail...
IMF Awaits Operational Update On Cash-Strained SOEs
The Ministry of Finance is due to present data on the financial status and performance of some state-owned enterprises (SOEs) to the International Monetary Fund (IMF) later this month to pave the way...
Head-Start For Ex-Governor Jones
Sweet Liberia, with a land area of 111,369sq km and populated by some 3.57million citizens inches closer to National Elections next year with one of the cleverest-heads-on-human shoulders,...
Economist Downplays Effect of Pay Rise On IMF Deal
A Labour Economist, Dr. William Baah Boateng has shot down any significant impact on Ghana’s commitment with the International Monetary Fund (IMF), over an increase in public sector wages....
Ghana Presents Data On Energy Sector
Government has disclosed it is working to present data on the country’s energy sector to the International Monetary Fund (IMF) which should lead to the release of the third tranche of the bailout...