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IMF urges govt to scrap tax exemptions and adjust fuel levies for enhanced revenue mobilisation

The International Monetary Fund (IMF) has proposed the scrapping of tax exemptions, adjustment of levies on fuel, and an increase in income tax as...
Business

BoG, Finance Ministry to sign MoU on $3bn IMF loan repayment

A Memorandum of Understanding (MoU) will be signed between the Bank of Ghana and the Ministry of Finance to outline the repayment terms for...
Business

BoG Act to be reviewed under new IMF deal

Reports indicate that as part of Ghana's International Monetary Fund (IMF) programme, revisions will be made to the Bank of Ghana (BoG) Act to...
News

IMF, Ghana reveal details of $3bn bailout deal

Ghana's IMF Chief, Stephane Roudet, and Finance Minister Ken Ofori-Ataa, along with other key participants are holding a press briefing to provide further insights...
Business

‘Debt-distressed’ Ghana violated Debt Sustainability Analysis – IMF

Ghana has exceeded the thresholds set in the Debt Sustainability Analysis (DSA), resulting in the country experiencing debt distress, according to the International Monetary...
Business

More taxes to follow after IMF deal approval – Economist warns

An economist, Professor Godfred Bokpin, has urged the general public to brace themselves for an imminent tax hike, following the International Monetary Fund's (IMF)...
Business

Economic uncertainty to reduce with granted IMF deal

The country is on the verge of entering a period of market stability and less uncertainty Following the $3 billion loan granted by the...
Business

FULL TEXT: Ghana’s request for $3bn bailout approved by IMF Board

The Executive Board of the International Monetary Fund (IMF) approved a 36-month arrangement under the Extended Credit Facility (ECF) in an amount equivalent to SDR 2.242...
Business

All you need to know about $3bn IMF-Ghana deal

On May 17th, the IMF Executive Board gave its approval for a 36-month Extended Credit Facility (ECF) arrangement for Ghana, amounting to SDR 2.242...
Business

Finally! Ghana clinches $3 billion IMF bailout deal

The IMF Executive Board approved, on May 17th, an SDR 2.242 billion (about US$3 billion) 36-month Extended Credit Facility (ECF) arrangement for Ghana. This...
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