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2023 budget will delay due to IMF negotiations – Majority Leader

e WhatsApp Facebook Twitter Email This Minister of Finance, Ken Ofori-Atta Majority Leader and Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, has disclosed that the Minister of Finance, Ken Ofori-Atta, will not be able to present the 2023 budget before the November 15 deadline. According to him, the budget will belay because the …

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Why Nkrumah rejected an IMF programme in 1965

An economist at the University of Ghana Business School, Prof. Godfred Bokpin has detailed that Ghana’s first president, Dr. Kwame Nkrumah, rejected a programme from the International Monetary Fund in 1965, due to some inconsistencies with the programme the Fund developed. According to him, the former President was the first President …

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IMF revises Ghana’s growth rate from 5.2% to 3.2% for 2022

The International Monetary Fund (IMF) has revised Ghana’s growth rate from 5.2 percent to 3.6 percent for the 2022 fiscal year. According to a Joy Business report, the IMF in its recent economic outlook report expressed concern that countries such as Ghana will be impacted by the effects of the ongoing economic …

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IMF begins analysis of Ghana’s ability to meet debt obligations

The government of Ghana commenced discussions with the International Monetary Fund on Monday, September 26, 2022. According to the government, a comprehensive Debt Sustainability Analysis (DSA) which is a key requirement for securing an IMF-supported program is currently ongoing. This is a necessary requirement to ensure that Ghana’s debt is …

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IMF to dispatch another team to Ghana in coming weeks

The International Monetary fund(IMF) is set to deploy another mission to Ghana in the coming weeks following Ghana’s request for a bailout Gerry Rice, the Director of Communications for the IMF said at a media engagement. “We had an IMF staff team in Accra in July to begin initial discussions …

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