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IMF and the government will announce a staff-level agreement on December 13 – Reports

A joint news conference with the Bank of Ghana and the International Monetary Fund was scheduled to take place on Monday, December 12, according...
Business

Ofori-Atta Must Go: I’m not aware of any meetings with Akufo-Addo – NPP MP

A meeting between President Nana Addo Dankwa Akufo-Addo and members of the Majority Caucus has been rejected by Central Member of Parliament Kwame Anyimadu-Antwi...
Business

The IMF expresses concerns about African nations’ excessive borrowing

The rate at which African nations were amassing debt by taking on more borrowing alarmed the International Monetary Fund. Other international organizations, such as rating...
Business

We invested ¢1.5bn in GoG securities; exempt us from debt exchange programme – Insurance companies

The Ghana Insurers Association is requesting an exemption for insurance companies from the domestic debt exchange scheme because 40% of their total assets for...
Business

‘Debt-ridden Ghana’s cedi posts world’s biggest gain against US dollar’

This week, Ghana's currency outperformed other currencies in relation to the dollar, fueling hopes that the indebted nation would soon be able to access...
Business

How international media reported Ghana’s debt crisis, debt exchange programme

Since the country's debt has been steadily increasing due to inflationary pressures and a depreciation of the cedi, Ghana's debt dilemma has received significant...
Business

IMF programme to improve Ghana’s fiscal position, re-instill investor confidence – Deloitte Ghana

The government's choice to work with the International Monetary Fund (IMF) has been characterized as one that will strengthen the nation's budgetary situation and...
Business

Economic crisis: MPs should consider 10 – 15% pay cut – Kyei-Mensah-Bonsu

Members of Parliament have been urged to take wage cuts into consideration in order to demonstrate their support for struggling Ghanaians. On Tuesday, December 6,...
Business

Countries continue to fall into debt bondage with IMF programmes – Alex Gladstein

Alex Gladstein, the Chief Strategic Officer of the Human Rights Foundation, asserted that nations that recurrently turn to the International Monetary Fund (IMF) for...
Business

Why Bawumia was absent at presentation of 2023 budget – Kyei-Mensah-Bonsu explains

Osei Kyei-Mensah-Bonsu, minister of parliamentary affairs, has provided an explanation for Vice President Mahamudu Bawumia's absence from the budget presentation for 2023. Every time the...
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