Tag Archives: imf

The Executive Board of the International Monetary Fund (IMF) has granted approval for Ghana’s $3 billion bailout request, aimed at revitalizing the country’s struggling economy. The decision was made during the Executive Board’s meeting held on Wednesday, following Ghana’s receipt of financing assurances from the Paris Club. International media giants–Reuters …

Shehu Sani, an ex-senator of the Federal Republic of Nigeria, has criticized President Nana Addo for urging African leaders to cease pleading for aid. Ghanaians and other nationals have criticized President Nana Addo for his most recent remarks to African leaders. Following his comment, he has been called a hypocrite …

  According to the finance minister, the planned three-year loan is anticipated to receive IMF board approval early 2023. A $3 billion loan from the International Monetary Fund (IMF) was approved for Ghana in order to reduce its debt, reestablish financial stability, and assist those who are at risk from …

Kwabena Agyapong, a former general secretary of the New Patriotic Party (NPP), has urged Ghanaians to prepare for harder times amid economic difficulties. He underlined that the IMF was the appropriate place for Ken Ofori-Atta, Ghana’s finance minister, to seek international assistance. Mr. Agyapong reiterated his opinion that Ken Ofori-steadfast …

The Minister of Finance, Ken Ofori-Atta, stated that the government is making significant effort to strike a deal with the International Monetary Fund (IMF). He claimed that Ghana is attempting to negotiate a settlement that would adhere to the program’s fundamental components as they are laid out in the proposed …

Ghana has requested for a bailout from the International Monetary Fund (IMF), and negotiations for an enhanced domestic programme (EDP) are set to begin. The International Monetary Fund mission headed by Stéphane Roudet has arrived in Ghana for talks to start this week. Ghana’s Finance Minister Kenneth Nana Yaw Ofori-Atta …

According to Vice President Dr. Mahamudu Bawumia, Ghana has recently experienced a quadruple calamity, requiring the country to request IMF assistance (IMF). Dr. Bawumia claimed that if not for this quadruple tragedy, the country wouldn’t require the IMF. According to him, the nation sought Bretton Woods support as a result …

An initial analysis of Ghana’s economic position has been completed by the International Monetary Fund (IMF) team under Carlo Sdralevich. The IMF delegation visited Ghana on July 6, 2022, at the government’s invitation. In a statement released on July 13th, the Bretton Woods organization declared its dedication to aiding the …

Highlife legend, George Kwabena Adu, also known as Kwabena Kwabena in the music industry, has declared that he will no longer support any political party. Kwabena Kwabena, who has supported the New Patriotic Party since 2008 and has written campaign songs for Nana Akufo-Addo, appears dissatisfied with the conduct of …

Discerning Ghanaians living in the United States are prepared to persuade the International Monetary Fund (IMF) to reject Ghana’s bailout request. They assert that the administration has asked the IMF for assistance 17 times, but the economy keeps getting worse. As they could see, there was an unprecedented amount of …