Big push for 2022 budget – Benefits from $1bn free IMF money

September 28, 2021 The country is set to inject about US$300 million from its share of the specially created free funds from the International Monetary Fund (IMF) into the 2022 budget. The amount is a third...

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September 28, 2021 / Comments (0)

Exchange rate flexibility can help reduce FX borrowing needs – IMF

September 9, 2021 Allowing for more exchange rate flexibility can help reduce FX borrowing needs, as well as lower the FX risk premium in domestic interest rates, the International Monetary Fund (IMF) has...

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September 9, 2021 / Comments (0)

IMF provides US$1bn in SDR to shore up foreign exchange reserves

August 24, 2021 The International Monetary Fund (IMF) will, today, August 23, 2021, make resources equivalent to US$1 billion available to Ghana, in the form of a Special Drawing Rights (SDR)...

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August 24, 2021 / Comments (0)

Raise revenue, control spending to bring debt down – IMF to gov’t

May 18, 2021 The International Monetary Fund (IMF) has advised government to prioritise controlling spending and generating more revenue in order to reduce the country’s debt burden which has been...

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May 18, 2021 / Comments (0)

IMF backs tax increments to save Africa from debt distress

May 7, 2021 The International Monetary Fund (IMF) has backed African governments to use tax increments as a means of raising more revenue in order to reduce borrowing as they continue to fight the...

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May 7, 2021 / Comments (0)

Ghana hasn’t been downgraded to low income status – Finance Ministry

April 15, 2021 The Ministry of Finance has clarified that the classification of Ghana as a low-income developing country in the International Monetary Fund’s (IMF) April 2021 Fiscal Monitoring document...

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April 15, 2021 / Comments (0)

World Bank: Africa needs $12 billion for vaccines to halt COVID-19 spread

April 6, 2021 According to an estimate based on a report by the World Bank and the International Monetary Fund, Africa will need about 12 billion US dollars to both procure and distribute sufficient...

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April 6, 2021 / Comments (0)

Share economic burden – IMF calls for national dialogue

March 29, 2021 The International Monetary Fund (IMF) has called for a national dialogue to discuss the best ways to equitably share the burden of restoring the country to economic stability. It said the...

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March 29, 2021 / Comments (0)

Prepare for fallout of AfCFTA — IMF

February 25, 2021 The International Monetary Fund (IMF) has called for country-specific policies to limit the disruptions that free trade under the Africa Continental Free Trade Area (AfCFTA) could pose to...

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February 25, 2021 / Comments (0)

IMF refutes ‘deceptive’ HIPC reports about Ghana

October 28, 2020 The International Monetary Fund (IMF) has refuted claims that Ghana has again been added to the list of Heavily Indebted Poor Countries (HIPC). “The HIPC Initiative is essentially closed...

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October 28, 2020 / Comments (0)