The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, is set to visit Ghana today (Tuesday, April 25), as part of her efforts to reinforce support for Sub-Saharan Africa. During her two-day visit, she will meet with policymakers, business leaders, and civil society representatives to discuss making globalisation work for Africa. The visit […]
The Paris Club, a group of bilateral creditors that helps with workable solutions to payment problems faced by debtor nations, will form an Official Creditor Committee this week to look into Ghana’s request for financial assurances. The assurances, which come with debt restructuring and further strategic lending, will enable the country to present its programme […]
The International Monetary Fund (IMF) has doubled down on its plea to wealthier nations to support Ghana and other weaker economies to help such countries extricate themselves from the shackles of debt. The call also comes at a time when the fund has seen a $1. 6 billion shortfall in its funding in the face […]
All member countries of the G20 group of economic powers are on board for a restructuring of Ghana’s debt and Paris Club members are ready to take the first step towards forming a creditor committee, an official from the Paris Club told Reuters on Thursday. Ghana last week requested a restructuring of debt it owes […]
Ghana has denied issuing a travel advisory against non-essential travel to Abuja, the capital of Nigeria. The advisory circulating Wednesday (November 16, 2022) and bearing the name and logo of the Ministry of Foreign Affairs and Regional Integration had indicated that Nigeria had directed some hotels to shut down, citing “the directive by local authorities […]
President Nana Addo Dankwa Akufo-Addo has said the talks with the International Monetary Fund (IMF) and the 2023 Budget will seek to address the concerns of Ghanaians and inject their aspirations into the management of the economy. He said it was for that reason he had, in the last three weeks, been meeting various stakeholders […]
The prospect of Ghana securing an expedited deal with the International Monetary Fund (IMF) has been given another boost, as the United Kingdom (UK), Germany and France have pledged to support the country to deal with its current economic crisis. These financing commitments came on the back of closed-door bilateral meetings hosted by a government […]
The UN General Assembly (UNGA) overwhelmingly approved a resolution on Wednesday telling Russia its annexation of four Ukrainian zones is illegal and not valid. Ghana was among the 143 countries that voted in favour of the resolution, 15 abstained from the exercise and 5 rejected the resolution including Russia. Ukrainian President Volodymyr Zelensky called the resolution “historic” in […]
The US Ambassador to Ghana, Virginia Palmer, has expressed the commitment of the US Embassy to clear the backlog of visa applications from prospective Ghanaian students seeking to pursue studies in the US. She said the embassy was currently working around the clock to get students’ visa interview appointments on time to enable successful ones […]
The International Monetary Fund (IMF) is optimistic that the country will emerge stronger from the current economic challenges that have seen the prices of goods and services soar. The challenges have also led to difficulties for the government to access the international capital market for funds to finance development. The IMF said the country had […]
The International Monetary Fund (IMF) says a deal with Ghana should be reached and finalised before the end of the year. Already, very constructive discussions have been held and the fund is determined to work with the Ghana government and the Ministry of Finance to ensure that an agreement is in place before the end […]
A Nigerian has been extradited from Ghana to the United States over his alleged involvement in fraud and information theft against some victims in Northern Ohio, and other places. 31-year-old Blessing Adeleke had earlier been arrested in Accra by the Ghana Police Service on Monday, March 14, 2022. He is facing 17 counts of indictment […]
