The renowned economist with University of Cape Coast (UCC) urged government not to give in to the negative attitude of some fear government officials who fear the reconciliation and full …
International Monetary Fund (IMF)
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Economy and FinanceNewsPolitics
Going to IMF or not will depend on our domestic ability to repay our debt – Fmr. Fin Minister
by Adnan Adamsby Adnan AdamsThe finance and economic expert warned that the worst thing that could happen to Ghana at this point as the economy strives to rebound will be to default on debt …
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Economy and FinanceNewsTechnology
Gov’t declares ‘No IMF bailout’..It’s positive with economic development
by Adnan Adamsby Adnan AdamsAccording to Finance Minister, although the economy is in difficulties now, he believes the it is heading in the right direction, and therefore government will find alternative ways of refinancing …
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Economy and FinanceLifestyleNews
Looming food crisis getting scarier as IMF, WB, AfDB warn Ghana and others
by Adnan Adamsby Adnan AdamsThis is based on the fact that, within the past two weeks; the World Bank Group, International Monetary Fund (IMF), African Development Bank and other regional block institutions have consistently …
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Agric and EnvironmentEconomy and FinanceNews
Ghana to record GDP growth of 5.2% in 2022 – IMF
by Adnan Adamsby Adnan AdamsIn its latest World Economic Outlook report, the Fund said the Ghanaian economy will expand by 5.1% in 2023, 0.1% lower than the 2022 forecast, whilst it return to the …
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Economy and FinanceNews
Tax-to-GDP to peak at 16.5%; inflation of 16.3% in 2022 – IMF
by Adnan Adamsby Adnan AdamsIMF’s April 2022 Fiscal Monitor also revised its forecast of an end year inflation of 16.3% from an initial forecast of 8.8%. This means the country will miss the Bank …
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Economy and FinanceNewsTechnology
Standard Bank predicts economic growth of 6.2% in 2022 amidst low Eurobond market access
by Adnan Adamsby Adnan AdamsAs global risk may worsen further in the first-half of 2022, and Ghana’s ability to tap the Eurobond market may further wane. Foreign exchange reserves could remain under pressure in …
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Agric and EnvironmentEconomy and FinanceNews
Bokpin backs Fitch; warns govt against drawing from reserves
by Adnan Adamsby Adnan AdamsFitch Ratings in a podcast said Ghana’s international reserves position has become very reliant on Eurobond issuance. Indicating that, Ghana is not in a situation where the government needs to …