Ghana’s Bilateral Creditors Set To Clear Way For $3bn IMF Bailout
Ghana hopes to take a big step towards restructuring its $58 billion-worth of debt this week, with its bilateral creditors meeting on Tuesday, April 11, 20223, to discuss whether to…
International Monetary Fund (IMF) Helps Strengthen Financial Sector
The International Monetary Fund (IMF) has appointed a Resident Adviser to the Bank of Ghana (BoG) to oversee and help strengthen financial sector supervision in the country. The fund appointed…
IMF Assigns Leonard Chumo As Resident Adviser To Bank Of Ghana
At the request of Bank of Ghana and fully funded by Switzerland’s State Secretariat forEconomic Affairs, SECO, the International Monetary Fund (IMF) has assigned a ResidentAdviser in financial sector supervision to…
Ghanaian Finance Minister Says Domestic Debt Exchange Reaches Deadline
Ghana’s Domestic Debt Exchange Program (DDEP), a part of broader debt restructuring strategies, reached a crucial deadline Tuesday, Ghanaian Finance Minister Ken Ofori-Atta has said. Ofori-Atta made the announcement in…
We Need IMF Bailout In March Or Economy Will Crash – Ofori-Atta To Pensioners
Finance Minister Ken Ofori-Atta has stated that failure to secure a bailout with the International Monetary Fund (IMF) by mid-March may ground Ghana’s economy to a halt. Addressing Pensioner bondholders…