IMF Deal: Ken Ofori-Atta rallies support in Parliament to pass two urgent revenue mobilization Bills
By: Mercy Darko The Minister of Finance, Ken Ofori Atta is rallying the support of Parliament to pass the Income Tax Amendment Bill, Excise Duty and Excise Tax Stamp Amendment Bills in Parliament in order to speed up the process of acquiring the much needed IMF support. The approval of these outstanding revenue mobilisation Bills […]
US promised to intervene on Ghana’s behalf with the Paris Club…As country seeks debt forgiveness
By: Franklin ASARE-DONKOH The government of the United States of America (USA) has promised to intervene on Ghana’s behalf with the Paris Club as the country is struggling in seeking debt forgiveness as part of the International Monetary Fund’s balance of payment support. The promise was announced by the visiting US Vice President, Kamala Harris, […]
IMF Chief was diplomatic on reality of Ghana’s economic woes – Sammy Gyamfi
National Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, insists that Ghana’s economy was in tatters way before the emergence of COVID-19. The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva had earlier agreed that COVID-19 and the Russia-Ukraine war negatively affected the country’s economy. But speaking on/Face to Face/on/Citi TV/with […]
IMF happy with Ghana’s progress to submit SLA to Executive Board
SOURCE: GNA Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), says she is happy to know that the Government of Ghana is making progress on bringing the Staff-Level Agreement (SLA) to the IMF Executive Board for approval. “Very pleased to hear authorities are making progress on bringing the staff-level agreement to the IMF Executive Board,” […]
Speaker calls on Finance Minister to engage House in future interventions for Ghana
Speaker of Parliament, Alban Bagbin, has assured government of the House’s readiness to assist in addressing a number of challenges confronting the country. He urged the Minister of Finance to count on Parliament to assist him to do a better a job. Mr. Bagbin made the remark in his closing comment after the Finance Minister […]
MPs urged to support government in securing IMF approval
The Finance Minister, Mr Ken Ofori-Atta, has appealed to Members of Parliament (MPs) to support the Government in efforts to secure the International Monetary Fund (IMF) Board approval to restore macro-economic stability in the country. That would ensure debt sustainability and provide critical social protection for the benefit of Ghanaians. Mr Ofori-Atta made the appeal […]
2023 Budget to delay due to IMF negotiations
By: Augustus Acquaye The Majority Leader and Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, says the presentation of next year’s budget may be pushed back a couple of weeks, but, will delivered within the date stipulated in the Constitution. Speaking to Journalists in Parliament, he said due to the ongoing negotiations with the IMF, it may […]
IMF, gov’t committed to expedited deal – IMF chief
The International Monetary Fund (IMF) says its staff and the government are committed to sealing a deal as soon as feasible to help restore economic stability and lay the foundation for inclusive growth. The fund said in a statement issued Thursday, October 20, 2022 that discussions between the two sides had made “good progress” and […]
Any lessons from the ”sacking” of Kwasi Kwarteng?
By: Dr. Nana Sifa Twum, Communications Consultant The Ghanaian-descent United Kingdom politician Kwasi Kwarteng has been relieved of his duties as the Chancellor of the Exchequer. He took office on the 6th of September 2022 a day after the appointment of Mary Elizabeth Truss as the 77th Prime Minister following the resignation of Mr. Boris […]
Ghana At World Bank/IMF Meeting in Washington DC
By: Napoleon Ato Kittoe Ghana is intrinsically a part of the committee of nations and an identifiable member of the October audience of the Bretton Woods institutions in Washington DC. Within the gamut of events and the crowd, Ghana knows too well that she participated in the joint meetings as one caught between and betwixt […]