President John Dramani Mahama has hinted that the government will extend the $3 billion bailout program with the International Monetary Fund (IMF) or seek for additional funds if necessary. According to him, they are in good discussion with the IMF. Speaking in an interview with Bloomberg’s Jennifer Zabasajja on the sidelines …
Read More »Ghana receives third tranche of $360m IMF loan
The Executive Board of the International Monetary Fund (IMF) has approved Ghana’s second review of Ghana’s US$3 billion Extended Credit Facility (ECF) Arrangement. Announcing this in a press briefing, the Minister of Finance, Dr. Mohammed Amin Adams said the country is expecting the third tranche of $360 million by Monday, …
Read More »IMF can not help Ghana – ArchBishop Adonteng Boateng
Ghanaian-American theologian based in the United States of America, ArchBishop Kofi Adonteng Boateng believes foreign aid can not help develop Ghana. According to him, neither International Monetary Fund (IMF) or America can help Ghana to develop. Speaking to Zionfelix Monitored by Elvisanokyenews.com, the founder of the Divine Word International Ministries indicated …
Read More »Asantehene slams government over IMF Bailout
Asantehene Otumfuo Osei Tutu II has slammed the government for their request for a $3 billion bailout from the International Monetary Fund (IMF) to support Ghana’s economic recovery. According to him, if the government comes to a point to understand their position in the country and give the private sectors …
Read More »Ghana is very delighted about the re-appointment of Georgieva as IMF MD – Nana Addo
The re-appointment of Kristalina Georgieva to serve as International Monetary Fund (IMF) Managing Director for a second five-year term has brought joy to the Republic of Ghana. According to the president of Ghana, Nana Addo Dankwa Akuffo-Addo, the country is very delighted about the re-appointment of Georgieva as Managing Director of the IMF …
Read More »Free SHS: We have been vindicated – Minority reacts to IMF comment
The Minority in Parliament has reiterated that the New Patriotic Party (NPP) government failure to heed to their advice has resulted in poor implementation of the Free SHS policy. According to them, they cautioned the government to hasten slowly so that a proper roll out of the policy would be …
Read More »IMF deal: Government increases school feeding programme; doubles LEAP
Government is committed to ensuring the provision of an effective social protection programmes and safety net for Ghanaians. The Minister of Finance, Ken Ofori-Atta has reiterated. Speaking on social protection programmes under the IMF deal, the Minister said, the government has increased the resource envelope for school feeding programme. Adding …
Read More »IMF Bailout: Our economy will be more attractive for investors – Ofori Atta
The Minister of Finance, Ken Ofori-Atta has said the government is aimed at making getting the ratings up and make the country more attractive for investors with the International Monetary Fund (IMF) $3 billion bailout . “There is no rush in going back to the international capital market, our expectation …
Read More »