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The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has welcomed Ghana on reaching the Debt Treatment Agreement with its Official Creditors, under the G20 Common Framework. In a statement sighted on IMF official website, Madam Kristalina Georgieva said: “I welcome Minister of Finance Ofori Atta’s announcement that the Ghanaian authorities have reached […] The post IMF
Ken Ofori Atta Ghana is inching towards securing a $1.15 billion funding from the International Monetary Fund (IMF) and the World Bank by the end of February 2024, as discussions with bilateral creditors Read More... The post Ghana, Creditors Near $1.5bn Funding Deal
Finance Minister Ken Ofori-Atta attributes the consistent decline in inflation to the government’s dedicated efforts in restoring macroeconomic stability. Inflation has dropped for the fourth consecutive time, with November recording a rate of 26.4 per cent. During a dividend presentation of 30.89 million cedis to the government by the Board of Twifo Oil Palm Plantation […] The post Inflation
The Bank of Ghana (BoG) has clarified the controversies surrounding the financial sector clean-up, which cost the country about GH25billion. According to the governor, Dr. Ernest Addison, the GHS25 billion used was not for the banks alone, but it covered the entire financial system clean-up. “I hear statements like we spent so much money to clean […] The post BoG justifies GH¢25b financial
Public Sector workers in the country have called on the government to invest in capacity building for workers, mobilize resources and provide welfare to ensure that public institutions efficiently deliver on their mandate. They maintained that one thing that has always remained constant in Ghana’s chequered road to economic development since independence “is the presence […] The post TUC
Hiphop star 50 Cent‘s production company will be releasing a documentary about Sean “Diddy” Combs and the sexual assault allegations pointed against him. After the news of a fourth allegation of sexual assault against Combs was revealed, 50 Cent announced via X (formerly Twitter) on Thursday that proceeds from his upcoming documentary about Combs will […] The post 50
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