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Ofori-Atta confident Ghana will secure 2nd tranche of $600m from IMF

July 11, 2023 The Minister of Finance, Ken Ofori Atta, is optimistic government will secure a Staff-Level Agreement with the International Monetary Fund for the disbursement of the second tranche of the...

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July 11, 2023 / Comments (0)

We are committed to helping Ghana fast track economic recovery – German Ambassador

July 11, 2023 The German Ambassador to Ghana, Daniel Krull, has reiterated his country’s support towards helping Ghana fast track economic recovery. According to him, securing its 3 billion dollars IMF...

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July 11, 2023 / Comments (0)

We’re seeing stability in the economy – Finance Minister

July 6, 2023 Finance Minister Ken Ofori-Atta has indicated that Ghana’s economy is seeing stability. He indicated that Cedi is gaining strength against the Dollar while the inflation rate on the other...

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July 6, 2023 / Comments (0)

Ghana’s IMF programme will not be suspended despite risk of government failing to meet targets  – Fitch Solutions

June 27, 2023 Fitch Solution has stated that Ghana’s International Monetary Fund Programme will not be suspended despite a higher-than-budgeted expenditure. According to its latest assessment of Ghana...

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June 27, 2023 / Comments (0)

Ghana’s IMF Programme Implementation: Businesses & households to feel heat

June 20, 2023 Businesses and households would bear the brunt when the government begins full implementation of the conditionalities of the International Monetary Fund (IMF) Extended Credit Facility...

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June 20, 2023 / Comments (0)

$3bn IMF deal: Let’s brace ourselves for the needed reforms – Finance Minister

June 20, 2023 The Minister of Finance Ken Ofori-Atta has reiterated that securing the International Monetary Fund (IMF) programme is not an end to Ghana’s current challenges. He said the programme has...

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June 20, 2023 / Comments (0)

Ghana’s economy showing signs of stabilisation – IMF

June 20, 2023 The International Monetary Fund (IMF) staff team led by Stéphane Roudet has acknowledged that Ghana’s economy is bouncing back barely a month after the Executive Board approved the $3...

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June 20, 2023 / Comments (0)

IMF proposes acquisition, mergers of banks to mitigate financial sector instability

June 7, 2023 The International Monetary Fund (IMF) is asking government to consider a possible acquisition and mergers of banks and other non-bank financial instructions as part of moves to mitigate the...

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June 7, 2023 / Comments (0)

World Bank maintains 1.6% growth rate for Ghana in 2023

June 7, 2023 The World Bank has maintained its 1.6% Gross Domestic Product (GDP) growth forecast for Ghana in 2023, far lower than the expected 3.2% for Sub-Saharan Africa. This places it in the 42nd...

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June 7, 2023 / Comments (0)

Ghana expected to reach moderate risk of debt distress by 2028 – IMF

May 31, 2023 Ghana is expected to reach a moderate risk of debt distress by 2028, the International Monetary Fund has disclosed in its Staff Report on Ghana. It pointed out that the bulk of the domestic...

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May 31, 2023 / Comments (0)