Ghana’s second programme review with the International Monetary Fund (IMF) has entered its second week, with issues concerning tax efficiency and the avoidance of fiscal slippages in this election year dominating discussions. The IMF mission staff from Washington DC are currently in the country for a two-week assessment of the bailout package. The review also […] The post Election
Dr. John Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), has criticized the Akufo-Addo government for its dependence on funds from the International Monetary Fund (IMF), World Bank, and other donor agencies to strengthen the local currency. He labelled the government’s heavy reliance on foreign aid, including Eurobonds and cocoa syndicated […] The post Ghana’s
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […] The post
The Minister of Finance Dr Mohammed Amin Adam has said that a Preliminary assessment undertaken by the Ministry and the central bank shows that they are on course to meet most of the targets under the Programme with the International Monetary Fund (IMF). He said that the Finance Ministry is working with the Bank of […] The post 2nd review: We’re on course
The Minister of Finance Dr Mohammed Amin Adam has said that the Finance Ministry is working with the Bank of Ghana (BoG) as part of preparations ahead of the second review of the programme with the International Monetary Fund (IMF). He said that the Preliminary assessment undertaken by the Ministry and the central bank shows […] The post Finance Ministry working with
The post Anti-Gay Bill: Let’s not disrespect our culture and religion – Kabutey Ocansey appeared first on Citinewsroom - Comprehensive News in Ghana.
The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […] The post $3bn
In Akyem, the Learnership Trainee Programme has been instrumental in providing young people with the skills needed for building careers in mining. Launched in November 2015, the initiative is part of Newmont’s effort to contribute to the local community by training youth in operational and employable skills. As the programme entered its eighth (8th) year […] The post
Kristalina Georgieva (3rd R), Dr. Mohammed Amin Adam (2nd L), Ursula Owusu-Ekuful (3rd R) with other conference speakers Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has Read More... The post Integrate AI For Quick Economic Devt
Kristalina Georgieva The International Monetary Fund (IMF) says it is collaborating with the government to find an alternative to bridging Ghana’s revenue shortfall since the Value-Added Tax (VAT) which Read More... The post IMF, Govt Discuss
Kristalina Georgieva with President Akufo-Addo Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has advised the government to ensure its deal with Eurobond holders is in the Read More... The post ‘Strike Better Deal With Eurobond Holders’
Finance Minister Dr. Mohammed Amin Adam has expressed confidence in fostering a closer partnership with the International Monetary Fund (IMF) to bolster Ghana’s economic resilience and expedite sustainable and inclusive growth. According to Amin Adam, this collaboration with the IMF will pave the way for a more prosperous future for all Ghanaians. Dr. Adam’s remarks […] The post Collaborative
In a bid to address the pressing issue of unemployment and bolster the country’s development, the government has launched the Ghana Apprenticeship Programme. The initiative, supported by funding from the government of Ghana, the World Bank, and the German government, aims to revolutionize skills training and employment opportunities for Ghanaian youth. With a targeted goal […] The post Govt
The International Monetary Fund (IMF) has subtly expressed its concerns following the passage of the anti-LGBTQ+ Bill by Ghana’s Parliament. On February 28, 2024, Parliament approved the bill that criminalizes LGBTQ+ activities, as well as their promotion, advocacy, and funding. Those found guilty could face a jail term ranging from 6 months to 3 years, […] The post Passage
President Akufo-Addo with IMF Boss President Akufo-Addo has indicated that the government was forced to take “a lot of unpleasant, but unavoidable measures” to bring stability and confidence back Read More... The post ‘IMF Measures Bitter, But Temporary’ appeared first
The Deputy Health Minister-designate and Member of Parliament for Akim Oda in the Eastern Region, Alexander Akwasi Acquah, has proposed a strategy to address the issue of unemployed nurses by suggesting their training and exportation to generate funds for the country. Amid concerns raised by stakeholders about health professionals leaving Ghana due to unfavourable working […] The post Unemployed
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
The Ranking Member of the Food, Agriculture, and Cocoa Affairs Committee, Eric Opoku, is calling for a probe into the Cocoa Rehabilitation Programme launched in 2018. The legislator argues that the programme, which identifies diseased farms, cuts down affected trees, and replants them with disease-resistant cocoa varieties, among other measures, has failed, as the country […] The post Govt’s
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
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