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IMF board to disburse $360m to Ghana in December after third review

November 22, 2024 The International Monetary Fund (IMF) board is set to meet in early December and approve the disbursement of US$360 million to Ghana. This will be in line with Ghana passing the third...

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November 22, 2024 / Comments (0)

IMF revises Ghana’s growth target to 4% for 2024

November 4, 2024 The International Monetary Fund (IMF) has revised Ghana’s growth rate for 2024 to 4 percent from 3 percent.  The Director of the African Department, Abebe Aemro Selassie disclosed...

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November 4, 2024 / Comments (0)

Ghana to record end-year inflation of 15.0% in 2024 – IMF

November 4, 2024 Ghana is expected to record an average inflation of 19.5% in 2024, the International Monetary Fund (IMF) has revealed. In its World Economic Outlook, it also predicted an end-year inflation...

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November 4, 2024 / Comments (0)

IMF projects 3% growth rate for Ghana by end of 2024

October 23, 2024 The IMF projects that Ghana will end 2024 with a growth rate of 3%, according to the World Economic Outlook Report released in Washington, D.C., on Tuesday during the IMF/World Bank...

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October 23, 2024 / Comments (0)

IMF reaches staff-level agreement with Ghana for $360m fourth tranche

October 7, 2024 The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement on the third review of Ghana’s US$ 3 billion extended credit facility. It follows the conclusion of a...

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October 7, 2024 / Comments (0)

IMF suggests govt may reintroduce 15% VAT on electricity as inflation declines

August 20, 2024 The International Monetary Fund (IMF) has revealed that the government may reinstate the suspended 15 percent value-added tax (VAT) on electricity if the inflation rate continues to...

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August 20, 2024 / Comments (0)

Stock market to sustain positive momentum through year-end

August 7, 2024 Brokerage firm, Databank is forecasting the positive performance of the Ghana Stock Exchange to continue in the second half with the stock market expected to close the year at 4,380 points....

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August 7, 2024 / Comments (0)

Govt is committed to stay the course on implementation of the IMF programme – Finance Minister

August 7, 2024 Significant progress has been made in the implementation of the International Monetary Fund (IMF) programme, the Minister of Finance Dr Mohammed Amin Adam has said. He said the progress has...

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August 7, 2024 / Comments (0)

Government borrowed GH¢115.77bn in half-year 2024, but interest rates declined sharply

August 7, 2024 The government borrowed GH¢115.77 billion from the treasury market in the first-half of 2024, representing a 70.22% increase over the same period last year. During the first six months of...

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August 7, 2024 / Comments (0)

Macroeconomic outlook remains positive but downside risks persist – IMF

July 22, 2024 Ghana’s macroeconomic outlook remains positive but subject to significant downside risks, the International Monetary Fund has revealed in its Second Review of Ghana’s Extended Credit...

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July 22, 2024 / Comments (0)