What are Special Drawing Rights (SDR) and why Ghana received US$1 billion SDR from the IMF
On August 2, 2021, the Board of Governors of the International Monetary Fund (IMF) approved the allocation of SDR456.5 billion, ...
Tag: IMF and Ghana
World Bank halts Ghana’s debt repayment for 2020
The World Bank has granted a freeze to Ghana on repayment of a $500-million dollar debt. The amount represents debt ...
Ghana in better position to revive the economy than most African countries-Ken ofori-Atta
Finance Minister, Ken Ofori-Atta says Ghana is in a better position to manage and revive economy more than most African ...
Economist cautions against misuse of Ghana’s $1bn IMF loan for COVID-19
An Economist, Dr Adu Owusu Sarkodie, has cautioned government against the misuse of the $1bn loan procured from the International ...
Economist urges Bank of Ghana to print money to help Gov’t fight Covid-19
A Senior Economist, Dr. Lord Mensah, is urging the Bank of Ghana to print money to help government’s fight against ...
IMF approves $USD1bn for Ghana to address the Covid-19 pandemic
The International Monetary Fund (IMF) has approved the disbursement of $USD1 billion for Ghana to be drawn under the Rapid ...
Suspend debt payments from poorest countries- IMF, World Bank to G20 countries
Due to the likely impact of the Coronavirus disease on the economy and its attendant social consequences for the International ...
African finance ministers call for $100 bn stimulus debt holiday
African finance ministers have called for a $100 billion stimulus package, including a suspension of debt service payments, to help ...
Ghana’s $100mil covid-19 preparedness money, IMF acknowledges request
The International Monetary Fund, (IMF) has confirmed receipt of Ghana’s request for financial assistance to help it address the economic ...
Check out IMF’s latest comment about Ghana’s economy
The International Monetary Fund (IMF) has said Ghana’s economy will grow at a slower rate than it had earlier predicted. ...