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Tag: International Monetary Fund (IMF)

Finance Ministry ‘celebrates’ cedi gains against dollar in Bloomberg report

According to a December 9 Bloomberg article, the Ghana cedi, the country's currency, has recently experienced gains that have been acknowledged by the Ministry...

Debt Restructuring: IMF tutoring government on reckless borrowing – Gatsi

The debt restructuring conditionality imposed on Ghana, according to Cape Coast University Business School Dean Professor John Gatsi, is a lesson from the IMF...

Debt restructuring: Financial stability fund in the offing – Ofori-Atta

Government has said it is setting up a financial stability fund with the help of development partners to provide liquidity support to banks, pension...

Anti-Ofori-Atta MPs agree to ‘support’ budget after Majority, NPP leadership meeting

The Majority Caucus in Parliament has mended all cracks in their front ahead of the November 24 reading of the 2023 Budget Statement by...

UK “fastest growth in the G7” says Jeremy Hunt

Jeremy Hunt previously told Laura Kuenssberg "this year we have the fastest growth in the G7. We're catching up fast in that respect". The International...

‘Adongo presented false data, unfounded allegations’ – BoG claps back

The Bank of Ghana has debunked allegations by the Member of Parliament, Isaac Adongo, that the Central Bank lent a total of GH¢70 billion...

Presidency budget has increased by over 440% in six years – Mahama laments 

Former President John Dramani Mahama has vented his spleen over the budget allocation to the Office of the President. Mr Mahama revealed that the budget...

IMF: Attacks on critical infrastructure will cost $4bn to repair

Russia's air strikes on civilian infrastructure raise the cost of Ukraine's recovery, which will require nearly $4 billion per month to maintain power and...

War refugees from Ukraine asked not to return this winter

Ukrainian refugees have been told by their government not to return until spring to help relieve pressure on the energy system following a wave...

World Bank warns that energy bill assistance for all is extremely expensive

The World Bank has warned that it is too expensive for governments to assist everyone with their rising energy bills. According to the bank's president,...

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