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IEA Proposes Solutions To Cedi Depreciation

IEA Proposes Solutions To Cedi Depreciation
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World bankInstitute of economic affairsCentral bankAfrican development bankEconomic affairsEconomic credit facilityEconomic intelligence unit

IEA Proposes Solutions To Cedi Depreciation

IEA Proposes Solutions To Cedi Depreciation

Central bankInstitute of economic affairsWorld bankAfrican development bankEconomic affairsEconomic credit facilityEconomic intelligence unit

Our policy makers have consistently failed to take measures to buttress cedi - IEA

Our policy makers have consistently failed to take measures to buttress cedi - IEA
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World bankInstitute of economic affairsAfrican development bankEconomic affairsAddress cediExternal debtEconomic credit facility

There are still considerable risks that could derail Ghana s economic recovery – US-based economist

“First, a favorable shift in global monetary conditions is expected to alleviate some external pressures. Secondly, domestic fiscal consolidation efforts are projected to stabilise and strengthen the economy's foundation. Lastly, the support from the International Monetary Fund (IMF) through the Extended Credit Facility (ECF) programme is anticipated to provide a structured path for economic recovery and stability”, he added.

Dennis nsafoahNiagara universityInternational monetary fundEconomic credit facilityExtended credit facilityGross domestic product

Ghana s economic reform strategy bearing fruit but significant challenges remain - IMF

In its 2023 Article IV Consultation on Ghana, the Fund said since the approval of the Economic Credit Facility (ECF) arrangement in May 2023, the authorities have been working closely with the IMF staff on policy design and implementation and have kept the programme on track.

International monetary fundEconomic credit facilityGross domestic product

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