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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...
Business

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...
Business

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...
Business

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...
Breaking

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...
Business

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...
Business

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...
Business

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,...
Business

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...
News

IMF to greenlight $360M disbursement to Ghana after review

The International Monetary Fund (IMF) Board is scheduled to meet in early December to assess and possibly approve a $360 million disbursement for Ghana. If...
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