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Bailout package to reach Ghana soon – IMF boss

Kristalina Georgieva, the IMF's managing director, is confident that the fund's Executive Board would quickly give Ghana's bailout request its final clearance. Ms Georgieva said...

IMF Chief was tactful about Ghana’s economic difficulties – Sammy Gyamfi alleges

The National Democratic Congress' (NDC's) national communications officer, Sammy Gyamfi, claims that COVID-19 is not the cause for Ghana's economy woes. The Akufo-Addo administration has...

IMF boss to visit Rwanda, Zambia this month

The Managing Director of the International Monetary Fund, Kristalina Georgieva, will visit Rwanda later this month after traveling to Zambia, Reuters has revealed. Madam Georgieva...

Increase in oil prices due to a weak dollar and the closure of Colonial Pipeline

Early on Thursday, after a US pipeline stopped operating for unexpected maintenance, crude oil prices recovered after experiencing a sharp decrease at the beginning...

We remain committed to help bring relief to Ghanaians – IMF boss

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has reaffirmed her organization's commitment to helping Ghana acquire an economic support program. This follows the Fund's...

IMF boss congratulates Ghana for reaching staff level agreement

The International Monetary Fund (IMF) has congratulated Ghana on the efforts made so far with regards to the IMF bailout being sought by the...

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...

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...

Possible global recession looms – World Bank and IMF warn

At the beginning of their annual meetings on Monday in Washington, the International Monetary Fund (IMF) and the World Bank issued a warning about...

We’ll expedite the IMF agreement so it can be included in the 2023 budget – Ofori-Atta

In order to ensure that major elements of the programme are included in the 2023 budget statement, finance minister Ken Ofori-Atta said the government...

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