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Govt likely to seek more funding from IMF – Ato Forson hints

The Mahama administration may request additional financial support from the International Monetary Fund (IMF) under its ongoing three-year programme to strengthen the economy.Finance Minister-designate...

Focus, track remittances to save you from begging and borrowing – Dr Atuahene to Mahama’s govt

Banking consultant, Dr. Richmond Atuahene, has advised the incoming administration to monitor the foreign remittance sector closely to prevent the need for borrowing $3...

Ghana makes top 10 list of African countries with largest IMF debts

Numerous African nations have developed a deep dependence on the International Monetary Fund (IMF) as they attempt to address significant economic challenges.When these countries...

IMF’s strict recommendations led to revocation of UT, Capital Bank licenses – BoG Governor

The Governor of the Bank of Ghana, Dr. Ernest Addison, has revealed that the revocation of UT Bank and Capital Bank's licenses was a...

Weak cocoa harvests impacting COCOBOD’s ability to fulfill financial obligations – IMF

The International Monetary Fund (IMF) has projected a challenging financial outlook for the Ghana Cocoa Board (COCOBOD) in 2024, despite some positive results in...

Ghana to end 2024 with 18% inflation rate – IMF

Ghana’s inflation rate is projected to reach 18% by the end of 2024, the International Monetary Fund (IMF) has revealed in its latest Country...

IMF sets condition to review Ghana’s high debt distress classification

The International Monetary Fund (IMF) has set conditions that Ghana must meet before they will reconsider or change the country's classification as being in...

Tourist influx, IMF support to stabilize cedi by year end – IMF

The cedi is expected to remain stable due to an expected increase in foreign currency from tourists, recent funding from the International Monetary Fund...

Ghana to receive additional $360m as IMF completes third review, lauds economy’s stabilisation

The Executive Board of the International Monetary Fund (IMF) has successfully completed the third review of Ghana’s $3 billion Extended Credit Facility (ECF) program,...

Ghana set to receive fourth tranche US$360m from IMF

Ghana is poised to receive an additional US$360 million from the IMF, with the Bank’s Executive Board scheduled to review and approve the country’s...

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