Popular Ghanaian Socialite and musician Hajia4Real has agreed to pay over $4M to the American authorities after pleading guilty in a romance scam case. Hajia4Reall, known in real life as Mona Faiz Montrage, pleaded guilty to her involvement in laundering the proceeds of a series of romance scams. This was announced on Wednesday, February 21, […] The post Romance
Social media influencer, Mona Faiz Montrage, widely known as Hajia4Reall, has pleaded guilty in a $2 million romance scam case, according to the United States Attorney’s Office website. The plea Read More... The post Hajia4Reall Pleads Guilty In $2m Romance
The International Monetary Fund (IMF) has congratulated Dr. Mohammed Amin Adam following his appointment as Finance Minister. In a congratulatory message, Kristalina Georgieva, the Managing Director of the IMF, urged Dr Adam to spearhead efforts to restore stability to Ghana’s economy. Georgieva assured him of the Fund’s unwavering commitment to fostering constructive engagement and providing […] The post ‘You
Dr. Mohammed Amin Adam The newly appointed Finance Minister, Dr. Mohammed Amin Adam has assured the International Monetary Fund (IMF) and the business community that the Fund programme is Read More... The post ‘IMF Programme On Track’ appeared first on DailyGuide
Some angry youth at Awutu Prison Junction have clashed with some Military and Police officers over 11 acres of Land at Prison Junction, a suburb of Kasoa in the Awutu Senya East Municipality of the Central Region. The soldiers are believed to have come from the Jubilee House. Citi News sources say a search report […] The post Military clash with
Abebe Selassie Ghana, despite showing positive performance with the International Monetary Fund (IMF)’s $3 billion bailout programme, with reforms yielding results and indications of economic stabilisation becoming clear, has Read More... The post Stay Committed To Bailout
Fitch Solutions, an international rating agency, says a gradual improvement in investor sentiment and a US$600 million International Monetary Fund (IMF) disbursement will keep the exchange rate stable. In a report detailing interest rate and inflationary dynamics for 2024, the rating agency said it predicted that the disbursement and investor sentiments would keep the cedis […] The post IMF
The post Imposition of Tax: IMF would be laughing at us by now – Kabutey Ocansey | Breakfast Daily appeared first on Citinewsroom - Comprehensive News in Ghana.
Headline inflation is expected to ease between13% to 17% by the end of 2024, according to the Bank of Ghana (BoG). The Central Bank says the expectation was as a result of inflation declining sharply by more than 30% in the course of 2023. It is also expected to trend back gradually to within the […] The post 2024 expected to end with at least 13% inflation -BoG appeared first on The
The International Monetary Fund’s (IMF) resident representative in Ghana, Dr. Leandro Medina, has lauded the nation’s concerted efforts to achieve economic stability, affirming that although Ghana has not reached its destination, it is undeniably on the right path. During an interview on the Citi Breakfast Show on Tuesday, January 30, Dr. Medina told host Bernard […] The post Ghana’s
NPP The post #NPPDecides: EC’s Director of Electoral Services addresses abandoned Yendi election | EWN appeared first on Citinewsroom - Comprehensive News in Ghana.
The International Monetary Fund’s resident representative in Ghana, Dr. Leandro Medina, has stressed the importance of protecting vulnerable individuals during challenging reforms and actions, such as the introduction of a 21% Value Added Tax on specific electricity consumers as part of Ghana’s COVID-19 recovery programme. A letter addressed to the Electricity Company of Ghana (ECG) […] The post IMF
Ghana is making important inroads to stabilize its economy, and continued program implementation beckons a brighter future. When Ghana requested an IMF-supported program in July 2022, the country was dealing with an economic and financial crisis that was the outcome of preexisting vulnerabilities and substantial external shocks. The authorities have since made compelling progress under […] The post Ghana:
Jean-Louis Gasset Africa Cup of Nations host, Ivory Coast, fired coach Jean-Louis Gasset yesterday after their humiliating loss to Equatorial Guinea, despite qualifying for the last 16 stage of Read More... The post Ivory Coast Fire Coach… Despite
The Executive Board of the International Monetary Fund (IMF) approved the release of Ghana’s second tranche of US$600 million, and as expected, the amount has reflected in the accounts of Ghana this week. The release of the second tranche brings the total disbursement to US$1.2 billion of the US$3 billion Extended Credit Facility. The entire […] The post Editorial: Utilise IMF
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
as inflation eats away 92% of currency’s value since 2007 The cedi’s struggle to maintain value beyond the short term continues to raise concerns about the economy’s long-term transformation, financial expert Adjei Boateng has said. Mr. Boateng, a chartered financial analyst (CFA), highlighted the cedi’s significant devaluation, losing 91.6 percent of its value since the […] The post
The post IMF Deal: We need a ‘hall of shame’ to bury corrupt leaders – Kabutey Ocansey | Breakfast Daily appeared first on Citinewsroom - Comprehensive News in Ghana.
The Bank of Ghana has acknowledged receipt of US$600 million as the second tranche of Ghana’s bailout package with the International Monetary Fund (IMF) The cash meant for budget support and stabilization of the local currency, was officially credited to the Central Bank’s account today, Tuesday, January 23, 2023. This means, Ghana has received a […] The post IMF
The National Democratic Congress (NDC) has been urged to choose a presidential running mate who embodies qualities that can turn the party’s political fortunes around and ensure its victory in the upcoming election. In a statement, Change Makers Forum (CMF), a group of professionals aligned to the centre-left political orientation, underscored the need for the […] The post
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