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IMF bailout: Govt reaches agreement with Official Creditors on debt treatment

January 15, 2024 The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme...

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January 15, 2024 / Comments (0)

AI to cut 40% of jobs globally – IMF

January 15, 2024 Almost 40.0% of global employment is exposed to Artificial Intelligence, the International Monetary Fund has stated in its new analysis. Historically, it said, automation and information...

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January 15, 2024 / Comments (0)

Ghana’s economy to grow by 2.8% in 2024 – World Bank

January 11, 2024 A new report by the World Bank has projected a 2.8% Gross Domestic Product (GDP) growth of 2.8% for Ghana in 2024. The forecast was captured in the January 2024 World Bank Global Economic...

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January 11, 2024 / Comments (0)

Ghana’s bilateral creditors close to issuing MoU to aid IMF Board meeting on Ghana – World Bank Country Director

December 19, 2023 The World Bank Country Director, Pierre Frank Laporte, has revealed that the country’s bilateral creditors are close to “Issuing an Assurance” that will aid the IMF Board meeting on...

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December 19, 2023 / Comments (0)

Germany commits €145.9m to support Ghana

December 5, 2023 Ghana and Germany have signed an agreement on bilateral cooperation at the end of bilateral discussions in Berlin. The agreement focuses on climate and energy, good governance and...

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December 5, 2023 / Comments (0)

Ghana attains all fiscal targets in line with IMF programme – BoG

November 29, 2023 Fiscal Policy Implementation for the first half of the year has been in line with the performance criteria under the International Monetary Fund Economic Credit Facility (ECF)-supported...

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November 29, 2023 / Comments (0)

Ofori-Atta to present 2024 budget in Parliament

November 15, 2023 Finance Minister Ken Ofori-Atta is expected to present the government’s 2024 Annual Budget Statement and Economic Policy to Parliament today, November 15. This is a constitutional...

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November 15, 2023 / Comments (0)

IMF Board proposes 50% increase in quota allocated to members

November 8, 2023 The Executive Board of the International Monetary Fund has proposed a 50% quota increase allocated to members, including Ghana, in proportion to their current quotas. This will be...

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November 8, 2023 / Comments (0)

Eurobond haircut: 40% too deep?

October 26, 2023 Ghana faces a monumental challenge as it navigates the intricate process of negotiating debt restructuring with its commercial creditors. Recent update from Finance Minister, Ken Ofori-Atta...

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October 26, 2023 / Comments (0)

Outlook of African economies in 2024 signal gradual strengthening – IMF

October 25, 2023 The International Monetary Fund has stated the outlook of African economies in 2024 provides hopeful signals that economic activity is gradually strengthening with stronger growth, falling...

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October 25, 2023 / Comments (0)