NEWS

The conditions that have compelled the Akufo-Addo administration to go to the International Monetary Fund (IMF) for support are completely different from the situation that existed previously when Ghana went to the Fund in 2014/15, Information Minister Kojo Oppong Nkrumah, has said. He explained that it is not about the domestic economic management rather, it is about an international crisis-induced phenomena that ...

A Deputy Minister of Finance, Mr John Kumah has said an International Monetary Fund (IMF) programme will help the country to come out from the economic challenges faster. He said the government hopes that the programme will benefit the country. “Our objective as government is to restore confidence in the economy and rebound it from the difficulty, from the challenges, not only in ...

Member of Parliament for Nhyiase, Dr Stephen Amoah has said the government must negotiate with the International Monetary Fund (IMF) in such a way that the conditions that will be given are not extreme. The Member of Finance committee justified the decision to go the IMF after saying the challenges that confront the Ghanaian economy are global. Speaking on the ...

The Communications Director of the New Patriotic Party (NPP), Yaw Buaben Asamoa, has admitted that the decision by the government to go to the International Monetary Fund (IMF) for a bailout is the best policy option under the current economic circumstances. He, therefore, calls on Ghanaians to rally behind the government in the decision taken. “That decision deserves our respect ...

Chief Operations Officer at Dalex Finance, Mr Joe Jackson, has said implementation of the conditions that will be given by the International Monetary Fund (IMF) to Ghana will come along with pains. He explained that the country cannot get out of the situation without going through pains to implement the yet-to-be determined conditions. Speaking in an in interview with TV3’s Martin Asiedu-Darteh ...

The Executive Secretary of the Civil and Local Government Staff Association, Ghana (CLOGSAG) Isaac Bampoe Addo has said the association supports the decision by the government to go to the International Monetary Fund (IMF) for support. He told TV3’s Daniel Opoku in an interview on Friday July 1 that this will not be the first time Ghana will be seeking assistance from ...

The Minority in Parliament has called on the Akufo-Addo-Bawumia government to apologise to Ghanaians and immediately cancel the Electronic Transaction Levy (E-levy) for heading to the International Monetary Fund (IMF) for a bailout. Speaking to Starr News Minority spokesperson on Communications A.B.A Fuseini argued the move is final proof of the level of mismanagement of the economy by the Akufo-Addo ...

Deputy Majority Leader in Parliament, Alexander Afenyo-Marking has told the Minority that the National Democratic Congress (NDC), when in government, went to the International Monetary Fund (IMF) for support due to mismanagement of the economy. The Effutu lawmaker stated on the floor of Parliament Friday July 1 that at the time the NDC went to the IMF, there were no major international crises that ...

The Dean of the Business School at the University of Cape Coast, Professor John Gatsi has said that the decision to return to the International Monetary Fund (IMF) is an indication that the programmes and measures outlined by the government to deal with the economic challenges are not strong enough. It also means that the management of the economy has been difficult ...

Farmers have appealed to the Ministry of Agriculture to support farmers with subsidy to purchase organic fertilizer in order to meet the demand for fertilizer in the country. Fertilizer prices have risen nearly 30 percent since the start of 2022, following last year’s 80 percent surge according to the World Bank. Concerns about fertilizer affordability and availability have been amplified ...