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President John Dramani Mahama on Thursday, April 30 paid a surprise visit to the GRIDCo Transmission Station in Akosombo after it was hit by a fire disaster recently. In the company of some engineers and government officials, President…
Finance Minister, Ken Ofori-Atta, has indicated that Ghana should not dwell on the past, but rather see that new things are being done.
The first tranche of the $3 billion International Monetary Fund Extended Credit Facility (ECF) has been credited to the Bank of Ghana’s account.
The first tranche of $600 million out of the $3billion IMF programme will hit the accounts of the Bank of Ghana tomorrow, May 19, 2023, the Governor of the Bank of Ghana (BoG), Dr Ernest Addison has confirmed.
Ghana”s International Monetary Fund (IMF) programme will among other things revise the Bank of Ghana Act in a bid to strengthen the central bank’s independence and mitigate fiscal dominance.
The International Monetary Fund approved Ghana’s request for a $3 billion bailout to support the debt-ridden West African nation’s economic recovery, according to people familiar with the matter.
The Minister of State at the Finance Ministry, Dr Mohammed Amin Adam Anta, has confirmed that the first tranche of $600 million will be disbursed immediately after the Executive Board of the International Monetary Fund (IMF) approves Ghana’s request for an extended credit facility (ECF).
