COVID-19: IMF Executive Board approves immediate debt relief for 25 Countries

Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) issued the following statement: “Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF’s member countries under the IMF’s revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund’s response to help […]

President Akufo-Addo charges WB, IMF officials to help make Africa beyond aid a reality

 The President of the Republic, Nana Addo Dankwa Akufo-Addo, has charged Finance Ministers, Central Bank Governors and African Governors of the World Bank and International Monetary Fund to help realise the vision of a self-reliant Africa that is no longer dependent on the receipt of aid and charity. Addressing the African Caucus Meeting of African […]

Cocobod replies IMF: we can’t reduce producer price of Cocoa, that will be a recipe for increased galamsey

Ghana Cocoa Board (Cocobod) has responded to the International Monetary Fund (IMF) call for a reduction in the producer price of Cocoa, saying it cannot reduce the price. The IMF has advised government to reduce the producer price of the commodity to reflect changes in international cocoa prices. But in an interview with sit-in host […]

Kusi Boafo bemoans naked thievery by Ghanaian accountants, says they stole 3 billion Ghana Cedis in 2018 alone

Chief Executive Officer (CEO) of the Public Sector Reforms, Mr. Thomas Kusi Boafo is doubtful if accountants will make it to heaven considering the naked thievery most of them have been involved in, reports. His argument is that accountants in Ghana in the year 2018 colluded with other public servants in stealing a whopping […]

We will maintain fiscal discipline with the exit of IMF-President Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says his Government will continue to maintain fiscal discipline in the aftermath of the exit of the IMF programme. After having obtained successful ratings from the International monetary Fund about the country’s economic performance, and given a clean bill of health, President Akufo-Addo noted that there […]

 $185.2m IMF cash coming as Executive Board approves April 2 exit- IMF emphasises sustained fiscal discipline

Ghana is set to receive $185.2 million following a successful completion of the seventh and eight reviews under the Extended Credit Facility (ECF) support arrangement by the International Monetary Fund (IMF). The Executive Board of IMF approved Ghana’s request for a waiver of the non-observance of a few programme targets. $925.9m Extended Credit Facility The […]

Any government that receives too much praise from the IMF is on its way out-Ken Agyapong

Any government that attracts the endorsement of the International Monetary Fund usually does not last in office and is always booted out of office. That is the assertion of the loudmouth ruling New Patriotic Party (NPP) Member of Parliament for the Assin Central Constituency in the Central Region, Kennedy Ohene Agyapong. ‘’The problem is that […]