International Monetary Fund (IMF)

Adnan Adams Mohammed   The Ghana Investment Promotion Centre (GIPC) has expressed optimism regarding Ghana’s economic prospects despite the ongoing cost of living crisis and inflationary pressures.   The Center …

Adnan Adams Mohammed   The International Monetary Fund (IMF) has finally approved Ghana’s request for a US$3 billion Balance of Payment support to stabilize the economy.   Managing Director of …

Adnan Adams Mohammed   Soon after the approval of a $3 billion Extended Credit Facility Arrangement for Ghana by the International Monetary Fund (IMF), the Ghanaian currency the cedi has …

Adnan Adams Mohammed   The Institute of Economic Affairs (IEA) is dismayed at the snobbish attitude of government towards  the fiscal adjustment advice from the International Monetary Fund (IMF) in …

Adnan Adams Mohammed   Ghana’s economic collapse cannot solely be blamed on COVID-19 pandemic and the Russian/Ukraine war, Fitch Solutions has discounted government’s overused excuse.   It explains that, even …

Adnan Adams Mohammed   The International Monetary Fund (IMF) has shown its satisfaction to the reporting transparency and compliance levels of member countries, including Ghana.   The Fund indicated that …

According to the fund, it is possible to change the terms of support request of the government to better suited terms that solves the current challenge the economy faces. It …

Although, the Fund has noted that, it is too early to make any pronouncement as the negotiation is yet to climax but it can assure that, some social intervention programs …

The financial support which is expected to come in tranches, according to Fitch, at least US$1.0 billion dollars may be released to Ghana government by the end of the first …

The IMF also welcomed the fiscal adjustments envisaged in the 2021 budget, while stressing that fiscal consolidation was needed to address debt sustainability and rollover risks.