Finance Minister Ken Ofori-Atta The International Monetary Fund (IMF) has disclosed that the Chinese government would likely have access to Ghana’s mineral revenue and electricity revenue due to the government of Ghana’s failure to honour its loan agreement. According to a news report by myjoyonline.com, the fund indicated that this might happen because the government of Ghana is at risk ...

General News of Tuesday, 23 May 2023 Source: www.ghanaweb.com The Minister for Energy, Dr. Matthew Opoku Prempeh, alias NAPO, has called out the Board Chairman of the Ghana National Petroleum Corporation (GNPC), Freddie Blay, over the PetroSA deal, which seeks to offload some of Ghana’s oil interests to the South African National Company (PetroSA). According to The Chronicle newspaper, NAPO, in a ...

General News of Tuesday, 23 May 2023 Source: www.ghanaweb.com Aggrieved staff of Ghana Broadcasting Corporation (GBC) The staff of Ghana Broadcasting Corporation (GBC) reportedly stopped their breakfast show on May 22 to protest against the cut of their basic allowance. The staff during the Breakfast Show gathered outside the broadcasting corporation’s headquarters in Accra glad in red bands and shirts to ...

Fatimatu Abubakar is a Deputy Minister for Information Deputy Minister for Information, Fatimatu Abubakar says the $3 billion loan from the International Monetary Fund (IMF) aimed at Ghana’s economic recovery is not going to solve all of the nation’s problems. According to her, the IMF programme is to provide the necessary reliefs to Ghanaians by helping government to roll out ...

Business News of Tuesday, 23 May 2023 Source: www.ghanaweb.com Majority Leader in Parliament, Osei Kyei-Mensah-Bonsu   Majority Leader in Parliament, Osei Kyei-Mensah-Bonsu, has projected that Ghana’s concluded deal with the International Monetary Fund (IMF) would reflect in the country’s economic growth by the end of 2023. Kyei-Mensah-Bonsu acknowledged that Ghana’s economy hit rock bottom due to COVID-19 and the economic impacts of the Russian-Ukraine war on ...

Business News of Monday, 22 May 2023 Source: aviationghana.com Ghana’s Kotoka International Airport – Terminal 3 The Government of Ghana has lifted all COVID-19 travel restriction for all arriving passengers in furtherance of the World Health Organisation’s (WHO) declaration that COVID-19 is longer a public health emergency. For out-bound passengers, pre-departure testing and tests at all points of entry are no longer a requirement. Passengers ...

Business News of Thursday, 18 May 2023 Source: www.ghanaweb.com   The International Monetary Fund The International Monetary Fund (IMF) has approved Ghana’s request for a $3 billion bailout under an Extended Credit Facility. The decision was made after the Executive Board on May 17, 2023 approved the loan facility which will see an immediate disbursement of the first tranche consisting of $600 million. ...

Business News of Saturday, 20 May 2023 Source: GNA Minister of Lands and Natural Resources, Mr Samuel Abu Jinapor Mr Samuel Abu Jinapor, the Minister of Lands and Natural Resources has stated small-scale mining has been contributing increasingly to the nation’s gold output as the sector produced a total of 712,405 ounces of gold last year. He said it brought to the nation almost ...

Business News of Friday, 19 May 2023 Source: GNA   IMF Chief Mission, Stephane Roudet Stephane Roudet, the International Monetary Fund (IMF) Mission Chief for Ghana, has assured creditors and investors across the world that Ghana’s 17th loan-support programme with the Fund will position it as a resilient economy. He said the current programme, which received Board approval on Wednesday “is rich in ...

General News of Wednesday, 17 May 2023 Source: www.ghanaweb.com This is expected to change the economic outlook of the country The International Monetary Fund has approved a $3 billion bailout for Ghana, according to a graphiconline report. According to the report, the bailout was approved at a meeting today [May 17, 2023] in Washington by the Executive Board of the IMF unanimously. The ...