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Ghana is still broke and in debt distress – IMF

The International Monetary Fund (IMF) has disclosed in its Staff Report on Ghana, titled "2023 Article IV Consultation," that Ghana is still in debt...

Pay your debt on time and stop borrowing – IMF tells gov’t

The International Monetary Fund (IMF) has cautioned the Ghanaian government to strictly restrict borrowing on non-concessional terms and ensure timely debt payments. The Fund...

I’m totally disgusted! – Mahama fumes as he accuses BoG of illegally printing billions of cedis

Former President John Dramani Mahama has called upon the minority caucus to closely scrutinize the activities of the Bank of Ghana concerning the recent...

Corruption is a threat to Ghana’s democracy – Julius Malema 

Prominent South African politician Julius Malema has expressed deep concerns about the integrity of Ghana's democracy, citing corruption as a significant and imminent threat.  His...

IMF credits BoG’s account with second tranche of 600m US dollars

Bank of Ghana has confirmed the receipt of US$600 million as the second installment of Ghana's bailout package with the International Monetary Fund (IMF)....

IMF affirms strong performance by Ghana under fund programme, meeting quantitative and indicative targets

International Monetary Fund (IMF) has acknowledged Ghana's robust performance under the Fund programme, revealing that the country has successfully met all quantitative performance criteria...

World Bank Group approves Ghana’s debt restructuring agreement

World Bank Group tentatively embraced the agreement outlining essential parameters for Ghana's proposed debt restructuring, as brokered by the Official Creditors' Committee within the...

Bank of Ghana governor optimistic about drastic inflation reduction

Governor of the Bank of Ghana, Dr Ernest Addison, has conveyed optimism regarding a substantial reduction in inflation as the Central Bank remains steadfast...

IMF forecasts 15.0% year-end inflation for 2024, anticipates 8.0% for 2025 

The International Monetary Fund (IMF) has forecasted a 15% year-end inflation rate for 2024, signaling potential economic dynamics and challenges ahead. The IMF is extending...

Ghana’s economic performance exceeds expectations – IMF

The International Monetary Fund (IMF) has revealed that Ghana's performance under the Fund program has been robust, with all quantitative performance criteria for the...

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