Business

‘IMF deal won’t solve all of Ghana’s problems’ – Deputy Information Minister

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 ...

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IMF deal would reflect in growth of the economy by close of year – Majority Leader

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 ...

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Ghana lifts all COVID-19 travel restrictions for arriving passengers

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 ...

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FULL TEXT: IMF country report on Ghana after approval of $3 billion bailout

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. ...

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Small-scale mining fetched Ghana almost US$1.2 billion in 2022 – Minister

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 ...

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IMF bailout: Ghana will have brighter and resilient economic future – Stephane Roudet

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 ...

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IMF Board approves Ghana’s request for $3 billion bailout

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 ...

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Arrest all stray animals and sell them to augment IGF – Sanitation Minister to MMDCEs

General News of Friday, 19 May 2023 Source: classfmonline.com Stray animals The Minister for Sanitation has ordered all Metropolitan, Municipal and District Chief Executives (MMDCEs) to make use of the by-laws on the rearing of stray animals in their jurisdictions. According to the minister, it is time for the MMDCEs to arrest all stray animals and sell them to augment their ...

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Ghana’s IMF bailout likely to be approved on Wednesday – Prof. Bokpin

Business News of Sunday, 14 May 2023 Source: www.ghanaweb.com Professor Godfred Alufar Bokpin, Economist An economist, Professor Godfred Bokpin, has predicted that Ghana could clinch a Board Level Approval with the International Monetary Fund by Wednesday May 17, 2023. According to him, the deal could be finalized following financing assurances granted by China and the Paris Club on May 12, 2023, which is ...

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Ghana is now ready to go to the IMF Board – Ofori-Atta declares

Business News of Sunday, 14 May 2023 Source: www.ghanaweb.com Ken Ofori-Atta, Finance Minister Finance minister Ken Ofori-Atta has declared Ghana’s readiness to go to the International Monetary Fund (IMF) Board as it pushes for a US$3 billion Extended Credit Facility. The Paris Club and other major partners, this week, announced that it was giving financing assurances to allow Ghana receive the facility. Reacting to the ...

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