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Financial meltdown: Fitch downgrades Ghana once more, this time from “CCC” to “CC”

The Long-Term Local-and Foreign-Currency Issuer Default Ratings (IDRs) of Ghana have been once again downgraded by the international credit rating agency, Fitch Ratings. The rating...

Business

Ghana has the greatest amount of outstanding debt in Africa, according to the IMF

According to a Joy Business report, Ghana has the greatest outstanding debt to the Bretton Woods institution according to the International Monetary Fund (IMF). According...

Business

The current economic difficulties in Ghana are not locally caused – IMF

According to Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), Ghana's current economic difficulties are the result of external shocks rather...

Business

Government, IMF working together to present false picture of the actual economic situation – Adongo alleges

Isaac Adongo, the Deputy Ranking Member on the Finance Committee of Parliament, has charged that the IMF's evaluation did not accurately reflect Ghana's actual...

Business

Ghana Employers Association backs the government’s IMF application

The Ghana Employers' Association (GEA) has supported the government's decision to approach the International Monetary Fund (IMF) for assistance in resolving the nation's economic...

Business

Economist blames cedi depreciation on excessive govt expenditure

Economist, Courage Boti has attributed the free fall of the Cedi to among other things, the excessive expenditure before and during the advent of...

News

Most party leaders weren’t happy with resort to IMF – NPP MP

Member of Parliament for Bortianor Ngleshie Amanfro Sylvester Tetteh,Â has disclosed that the decision by government to resort to the International Monetary Fund, IMF,...

News

Review E-Levy to 0.5% – Prof. Quartey

The Director of the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, Prof. Peter Quartey, has called on the...

News

Minority shoots down one-billion-dollar loan despite IMF plea

The Minority has shot down the approval of a 1 billion dollar syndicated loan at the committee meeting despite IMF advice that it should...

Business

E-Levy, other taxes stifling growth potential of new businesses Terkper

Former Finance Minister, Seth Terkper, has once again bemoaned the negative impact of the Electronic Transfer Levy (E-Levy) on ordinary Ghanaians. According to him, apart...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

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Kanye West’s Heil Hitler song bans him from entering Australia