Govt inches close to reaching deal with Eurobond holders

June 5, 2024 The government is nearing a deal with Eurobond holders regarding debt restructuring, following substantial progress made on the new terms for settling the $13 billion owed to creditors....

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June 5, 2024 / Comments (0)

IMF bailout: We’re confident of securing third tranche – Amin Adam

April 24, 2024 The Finance Minister, Dr Mohammed Amin Adam has expressed confidence that the International Monetary Fund (IMF) will release the third tranche of the three billion dollar bailout once an...

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April 24, 2024 / Comments (0)

The worst is over for Ghana’s economy – IMF Mission Chief

April 24, 2024 The International Monetary Fund (IMF) Mission Chief for Ghana, Stéphane Roudet, has indicated that Ghana’s economy has seen its worst level and it’s now set for full recovery. However,...

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April 24, 2024 / Comments (0)

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...

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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)...

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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...

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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...

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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...

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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...

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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...

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January 29, 2024 / Comments (0)