The National Association of Graduate Teachers (NAGRAT) has called for a comprehensive overhaul of the Social Security and National Insurance Trust (SSNIT) management. This appeal comes in the wake of a report by the International Labour Organization (ILO), which forecasts SSNIT’s inability to make full payments to its contributors by 2036. The ILO report indicates […] The post NAGRAT
Vice President of Ghana, Dr. Mahamudu Bawumia, has chosen not to directly address the nation’s economic challenges during his tour of the Eastern Region. While he acknowledged the economic difficulties facing the country, Dr. Bawumia refrained from discussing them in detail, stating only that they are being addressed. The Vice President’s reluctance to speak about […] The post I
Mr Abebe Aemro Selassie, Director, African Department, International Monetary Fund (IMF), says Ghana will receive its next funding support from the IMF even if it is unable to sign a final debt pact with its official bilateral creditors. This means that the country would receive its third tranche of US$360 million when the IMF Board […]
Abebe Selassie, Director of the African Department at the International Monetary Fund (IMF), has stated that the fund will not require the Ghanaian government to implement additional adjustments. He expressed optimism that ongoing discussions among official creditors will facilitate the conclusion of talks, enabling the release of the third tranche of funds. Abebe Selassie emphasized […] The post IMF
Dr Mahmmed amin Adam Ghana has completed its part in the process to secure the release of the third tranche from the International Monetary Fund (IMF), according to the Director Read More... The post Ghana On
The International Monetary Fund (IMF) has predicted that 40 percent of the global workforce will be affected by the introduction of Artificial Intelligence. According to the IMF, though AI has improved productivity, it is likely to render many jobless in the coming years. Speaking to journalists on the sidelines of the 2024 IMF-World Bank Spring […] The post Artificial
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […] The post Any
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well as those who have been evading taxes in the […] The post We won’t overburden Ghanaians
Dr Mohammed Amin Adam, the Minister of Finance, has outlined key performance indicators that led to the successful completion of the Second Review by the International Monetary Fund (IMF). On Saturday, April 13, 2024, the IMF disclosed that it had reached a staff-level agreement on the second review of the extended credit facility with Ghana. […] The post IMF
The Minister for Finance, Dr Mohammed Amin Adam has stated that the effective implementation of the programme with the International Monetary Fund (IMF) is yielding some good results. He says the country is now witnessing relative macroeconomic stability and seeing signs of economic recovery. Speaking at a joint IMF, Ministry of Finance, Bank of Ghana, […] The post Govt
IMF, BoG and Finance Ministry officials after the press conference Ghana has reached a staff-level agreement with the International Monetary Fund (IMF) on the second review of the country’s Read More... The post IMF 2nd Review: Govt Reaches Staff-Level
It is a welcome relief to hear the Ministry of Food and Agriculture (MoFA) categorically deny the commercialisation of certain genetically modified organisms like maize, soy or even perhaps, tomatoes in our food chain. The clarification comes amid concerns expressed by a number of interest groups like the Peasant Farmers Association of Ghana (PFAG), aggregators […] The post
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has stated that in Ghana’s recent history, the country has not been able to successfully implement a programme with the International Monetary Fund (IMF) in an election year without derailment. However, he has assured that the government and the central bank are committed to changing […] The post In
The International Monetary Fund (IMF) has announced a staff-level agreement on the second review of the extended credit facility with Ghana. Once approved by IMF Management and completed by Read More... The post IMF
The S.D. Dombo University of Business and Integrated Development Studies and the International Labour Organization (ILO) are planning to launch a Shea Entrepreneurship Resource Centre in Tamale, located in the Northern Region. The centre, a part of the ILO’s “Productivity Ecosystems for Decent Work Project”, will concentrate on comprehending labour dynamics, enhancing productivity, and implementing […] The post SDD-UBIDS/ILO
The International Monetary Fund (IMF) has reached the staff-level agreement on review of the extended credit facility with Ghana. The IMF in a statement released on Saturday April 13, 2024, said Ghana will have access to about US$360 million in financing once the review is approved by IMF Management and formally completed by the IMF […] The post IMF
The Assemblyman for Adweso Town Electoral Area in the New Juaben South Municipality, Samuel Amo, has organized a Free Basic Education Certificate Examination (BECE) weekend classes for final year students within his area. The bold initiative by the Assemblyman is to improve teaching and learning among Junior High Schools (JHS), most especially the final year […] The post Free BECE weekend
A professor at the University of Ghana Business School, Godfred Bokpin has described the e-levy that was introduced by the Akufo-Addo administration as backward. For him, the future of the economy and businesses is digitalization hence tax handles that affect electronic transactions should not be welcomed. “I agree with Dr Bawumia that the future is […] The post I
A professor at the University of Ghana Business School, Godfred Bokpin has said that from all indications Ghana will go back to the International Monetary Fund (IMF) after the 17th one has ended. He says the fundamental factors that result in the country going to the Bretton Woods institution for a bailout have not been […] The post I won’t believe it if Ghana says we won’t
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