Business

Ghana expects the International Monetary Fund to approve a first loan tranche of $600 million as soon as Wednesday, paving the way for disbursement within a week, Minister of State...

Users of public transport are expected to see a 10 percent reduction in fares by 10% effective Wednesday, May 17, 2023. In a statement released by Road Transport Operators on...

According to the Institute for Energy Security (IES), the prices of petrol, diesel, and Liquefied Petroleum Gas (LPG) are expected to slightly decrease at fuel stations, starting from tomorrow, May...

President Nana Addo Dankwa Akufo-Addo has expressed satisfaction with the financial assurances from the Paris Club which will pave way for Ghana to secure an IMF facility. Speaking during a...

Ghana has secured financing assurances from the Paris Club following the establishment of the Official Creditor Committee co-chaired by China and France. This comes months after Ghana’s bid to get...

Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgiev has welcomed the financing assurances from the Paris Club following the establishment of the Official Creditor Committee co-chaired by...

Ghana’s official creditors have formed a committee co-chaired by China and France to commence debt restructuring talks. The creditor committee was officially formed on Friday, May 12, 2023. By this,...

Ghana is expected to soon reach an agreement with its external creditors, particularly the Paris Club, on restructuring the country’s external debt, according to the International Monetary Fund (IMF). The...

Members of the Pensioner Bondholders Forum have expressed disappointment with the government’s attitude towards their situation. A meeting that was scheduled between the Finance Ministry and the leadership of the...

The government has conceded that relying solely on a deal with the International Monetary Fund (IMF) may not be sufficient to tackle the current economic predicament of the country. Since...