The Executive Board of the International Monetary Fund (IMF) approved the release of Ghana’s second tranche of US$600 million, and as expected, the amount has reflected in the accounts of Ghana this week. The release of the second tranche brings the total disbursement to US$1.2 billion of the US$3 billion Extended Credit Facility. The entire […] The post Editorial: Utilise IMF
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
The post IMF Deal: We need a ‘hall of shame’ to bury corrupt leaders – Kabutey Ocansey | Breakfast Daily appeared first on Citinewsroom - Comprehensive News in Ghana.
The Bank of Ghana has acknowledged receipt of US$600 million as the second tranche of Ghana’s bailout package with the International Monetary Fund (IMF) The cash meant for budget support and stabilization of the local currency, was officially credited to the Central Bank’s account today, Tuesday, January 23, 2023. This means, Ghana has received a […] The post IMF
In a major development, the International Monetary Fund (IMF) has given its approval for the first review of Ghana’s loan programme, allowing for the immediate disbursement of approximately $600 Read More... The post IMF Approves 2nd Tranche Payment
Deputy Finance Minister Dr. John Kumah has asserted that Ghana’s economy has successfully overcome recent challenges, positioning itself for sustainable growth to benefit Ghanaians. In a Facebook post dated January 19, Dr Kumah highlighted the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework. This, he believes, forms the foundation for […] The post We’ve
Finance Minister Ken Ofori-Atta has expressed welcome the International Monetary Fund’s release of the second tranche of Ghana’s extended credit facility with the Bretton Woods institution. According to the Finance Minister, the approval of an additional $600 million for Ghana’s bailout programme signifies the country’s progress in its economic reform trajectory. “Earlier today, the IMF […] The post Release
The International Monetary Fund has commended Ghana for successfully achieving all targets set for the $3 billion three-year extended credit facility. In a statement issued on Friday, January 19, 2024, the IMF highlighted that “Ghana’s performance under the program has been strong. All quantitative performance criteria for the first review and almost all indicative targets […] The post Ghana’s
Kristalina Georgieva The International Monetary Fund (IMF) board has expressed its satisfaction with the assurances received from Ghana’s external creditors. Managing Director of the IMF, Kristalina Georgieva, who revealed Read More... The post IMF Boss Happy With Ghana’s Progress
Afro-dancehall and reggae artiste, Article Wan, born Bright Homenya has revealed the reason why he stopped granting interviews. He said some bloggers and television stations gave him a platform, but he declined because there was no available content to promote. Speaking on Joy Prime’s new entertainment show, the musician explained that he needed time to rebrand, produce […] The post ‘I
In light of the significant opportunities that Artificial Intelligence (AI) holds for fostering sustainable growth and development in Africa, government has taken steps to oversee and regulate the technology’s utilisation within the country. Currently, improved digital connectivity, growing data volumes, advanced algorithms and enhanced computing power are driving technological progress in AI. Against this background, […] The post
The post Ghana-IMF Deal: You should be very wicked to think there’s no wastage in our system – Kabutey Ocansey appeared first on Citinewsroom - Comprehensive News in Ghana.
Artificial intelligence will affect up to 40% of jobs worldwide, the International Monetary Fund (IMF) has warned. This could rise to 60% of roles in advanced economies like the UK – but it is believed that, in half of these cases, AI will benefit the workforce. In a new report, the IMF warned that AI’s […] The post Artificial intelligence
The Gambia delegation have refused to return to the same plane for their trip to Ivory Coast Gambia head coach, Tom Saintfiet, has said his team avoided tragedy on Read More... The post ‘Oxygen Failed On Gambia AFCON Flight’ appeared first on DailyGuide
The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme targets. The government is seeking to secure the 2nd tranche of the IMF bailout after securing the 1st tranche in 2023. The government embarked on a Domestic Debt […] The post IMF
Bright Ofori Ghanaian model and musician, Bright Ofori, known as Tee Taller, is transcending traditional fame as he makes a significant mark not only in the fashion world but Read More... The post Meet Mr Ghana, A Rising Luminary appeared first on DailyGuide
Africa50 Group, the pan-African infrastructure investment platform, has announced the successful first close of the Africa50 Infrastructure Acceleration Fund (Africa50 – IAF) on December 29th, 2023, securing $222.5 million in commitments. In an African first, Africa50-IAF secured participation from 16 African institutional investors, including sovereign wealth funds, pension funds, social security funds, insurance companies, banks, […] The post Africa50
Yesterday, the President of Ghana announced that he has engaged the local affiliate of KPMG, one of the “Big Four” global professional services firms, to conduct a two-week investigation into the “SML affair”. SML is the name of a hitherto unknown entity created in 2017 by timber merchant, Evans Adusei, and a relative just before […] The post Bright
The head pastor of the Royal House Chapel, Apostle General Sam Korankye Ankrah, has given some prophecies about the life of Ghanaian journalist and event organizer Afua Asantewaa Owusu Aduonum. Afua Asantewaa commenced her attempt to break the sing-a-thon record on Christmas Eve and concluded on Friday, December 29, 2023, after an impressive 126 hours […] The post You’ll
The 10 American prisoners freed by Venezuela in exchange for a jailed ally of President Nicolas Maduro, have arrived back in the United States in the latest sign of improving relations between Washington and Caracas. The group, including six citizens the US considered wrongly imprisoned, landed at the San Antonio military base in Texas on […] The post Venezuela, US reach prisoner swap deal
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