IMF
Tag Archive

Ghana to return to 5.0% GDP growth from 2026 –World Bank

April 10, 2024 The World Bank is expecting Ghana’s growth rate to reach 5.0% by 2026. This is coming after it projected a marginal 2.9% Gross Domestic Product (GDP) growth for 2024, higher than the...

Written by:

April 10, 2024 / Comments (0)

IMF staff in Ghana for second review and third tranche deliberations

April 8, 2024 Staff of the International Monetary Fund (IMF), have landed in Ghana to conduct the second review of the three-year $3 billion IMF-backed Programme for Economic Growth (PC-PEG)...

Written by:

April 8, 2024 / Comments (0)

Second review of three-year $3bn IMF programme to take place April 2 to 12

March 27, 2024 The Ministry of Finance has announced that the second review of the three-year, $3 billion IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG) is set to take place from April...

Written by:

March 27, 2024 / Comments (0)

Ghana’s economy not yet there but on the right path – IMF

January 31, 2024 The International Monetary Fund’s (IMF) resident representative in Ghana, Dr. Leandro Medina, has lauded the nation’s concerted efforts to achieve economic stability, affirming that...

Written by:

January 31, 2024 / Comments (0)

Ghana: Transforming a crisis into a journey toward prosperity

January 29, 2024 When Ghana requested an International Monetary Fund-supported programme in July 2022, the country was dealing with an economic and financial crisis that was the outcome of pre-existing...

Written by:

January 29, 2024 / Comments (0)

BoG approves recapitalisation plans of undercapitalised banks – IMF

January 29, 2024 The Bank of Ghana has approved the recapitalisation plans submitted by undercapitalised banks, the Staff Report by the International Monetary Fund dubbed “2023 Article IV...

Written by:

January 29, 2024 / Comments (0)

Monetary Policy Committee cuts policy rate to 29.0%

January 29, 2024 The Monetary Policy Committee of the Bank of Ghana (BoG) has cut its key lending rate to 29.0% from 30% in line with most analysts expectations. The Chairman of the committee, Dr. Ernest...

Written by:

January 29, 2024 / Comments (0)

Ghana’s fiscal economy to improve significantly; Fiscal deficit to GDP estimated at 5.0% in 2024 – IMF

January 22, 2024 Ghana’s fiscal economy is expected to improve significantly in the next four years as the International Monetary Fund (IMF) is projecting a lower fiscal deficit to Gross Domestic Product...

Written by:

January 22, 2024 / Comments (0)

IMF board schedule to approve Ghana’s $600 million second tranche on Friday

January 17, 2024 Following an agreement to restructure US$5.4 billion with its official creditors, Ghana is scheduled to receive the US$600 million second tranche of the US$3 billion rescue loan, according...

Written by:

January 17, 2024 / Comments (0)

Cedi weakened 1.22% to dollar last week; one dollar going for ¢12.30

January 16, 2024 The cedi weakened 1.22% to the US dollar in the retail market last week, following depreciation pressures. It also lost 0.65% to the pound and 0.19% against the euro on the retail market,...

Written by:

January 16, 2024 / Comments (0)