Tag: International Monetary Fund (IMF)
Business
IMF hints at reinstating 15% VAT on electricity as inflation falls
The International Monetary Fund (IMF) has indicated that the government may consider reinstating the 15 percent value-added tax (VAT) on electricity if inflation rates...
Business
IMF expresses worry over impact of 2024 elections on Ghana’s economic recovery programme
The International Monetary Fund (IMF) has expressed concerns about potential risks posed by Ghana's upcoming general elections in December 2024, which could impact the...
Business
Debt transparency significant for IMF’s core mandate
The International Monetary Fund (IMF) has emphasized that debt transparency is not only beneficial for individual countries but also crucial for the IMF's operations.The...
Business
Ghana close to signing MOU with bilateral creditors over debt restructure
Ghana is on the verge of finalizing a Memorandum of Understanding (MoU) with its bilateral creditors, marking a significant step in the debt restructuring...
Business
IMF report reveals Ghana’s persistent debt distress amid ongoing restructuring
Ghana remains trapped in debt distress, as disclosed by the International Monetary Fund (IMF) in its recent Staff Report on Ghana's "2023 Article IV...
Business
Ghana’s energy sector arrears soar to $1.6 Billion, IMF raises concerns over gov’t payables in 2023
Ghana's energy sector is grappling with arrears amounting to $1.6 billion, equivalent to 2.3 percent of the Gross Domestic Product (GDP) as of the...
Business
University of Ghana lecturer accuses govt of manipulating IMF for loans
Senior lecturer at the University of Ghana Business School, Dr. Patrick Asuming, has raised allegations against the Ghanaian government, accusing them of manipulating the...
Business
Help Ghana fight corruption – Govt ‘begs’ IMF
Ghana has reached out to the International Monetary Fund (IMF) seeking their assistance in tackling the issue of corruption within the country.This request...
News
Ghana’s energy sector legacy debt hits $2bn – Finance Minister
During a press conference in Accra on Sunday, June 18, Finance Minister Ken Ofori-Atta stated that several structural reforms are currently in progress regarding...
News
Things will definitely get better but not this year – GNCCI on Ghana’s economic crisis
The Chief Executive of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu-Aboagye, has assured the populace that the current economic crisis...