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$600m second tranche funding will only be presented after Board review – IMF tells Ghana

The International Monetary Fund (IMF) has emphasized that Ghana will only gain access to approximately $600 million following a review by its Board of...

IMF acknowledges Ghana as 7th most indebted African country

Ghana is ranked 7th among African nations with the highest debts to the International Monetary Fund (IMF), totaling $1,644,377,000. The Fund's official website, as...

Reach agreement on debt treatment soon to aid completion of review – IMF tells Ghana

The International Monetary Fund (IMF) has conveyed optimism regarding the ongoing negotiations between the Ghanaian government and the Official Creditor Committee. The successful resolution...

IMF conditions bar govt from imposing restriction on imported products

The International Monetary Fund (IMF) has communicated to the Ghanaian government that it cannot impose or escalate import restrictions for balance of payments purposes....

“We are the poorest people on the globe” – Akufo-Addo says begging for cheaper loans

President Nana Akufo-Addo has appealed to the International Monetary Fund (IMF) and the World Bank to help poor and vulnerable countries access cheaper loans...

Anticipating IMF board meeting for release of 2nd Tranche before year-end – BoG Governor

Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has expressed expectations that the board of the International Monetary Fund (IMF) will convene...

‘IMF will be a thing of the past if we develop agric sector’ – Prof Oquaye

Former Speaker of Parliament, Rev. Prof. Aaron Mike Oquaye, asserts that Ghana will persistently seek financial assistance from the IMF unless it optimally harnesses...

Govt’s excessive borrowing led to IMF bailout – Ex deputy finance minister

Former Deputy Minister for Finance, George Kweku Ricketts-Hagan, contends that Ghana's excessive dependence on external borrowing compelled the country to seek a bailout from...

Professor Quartey urges govt to utilize IMF funds for unfinished road projects

The government should allocate a portion of the second tranche of $600 million from the International Monetary Fund (IMF) to finalize abandoned road infrastructure...

IMF cautions against premature relaxation of stabilization policies in African economies

As some sub-Saharan African nations, Ghana included, are on the path to economic recovery from recent shocks, the International Monetary Fund (IMF) issues a...

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