The International Monetary Fund (IMF) said, Ghana’s pre-existing fiscal and debt vulnerabilities were exacerbated by large external shocks in recent years resulting in a loss of international market access, increasingly constrained domestic financing, and reliance on monetary financing of the government. The fund made this known in a statement after…
Dr Donald Agumenu, a Governance Expert, has called for pragmatic thought leadership to transform the economy and make it resilient beyond an International Monetary Fund (IMF) loan-support programme. The Senior Fellow at the Centre for African Diplomacy and Global Engagement (Afro-Global) said Ghana’s problems could not be fully solved with…
The International Monetary Fund (IMF) has said although “we are still at an early stage in the discussions” with Ghana for a programme, “we believe that the free Senior High School (SHS) is an innovative policy that needs to be protected”. “In general, IMF-supported programmes seek to boost social spending…
The International Monetary Fund (IMF) has warned of “economic collapse” in many African economies as the impact of the Russian-Ukraine war worsens with commodity price shocks and increased cost of living. Kristalina Georgieva, IMF Managing Director said inflation is now higher than expected had broadened beyond food and energy prices,…