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Ghana nears completion of debt restructuring, secures $12 billion in savings

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Ghana is on the verge of completing its debt restructuring programme, with only $2.7 billion in commercial creditor debt remaining. In a recent interview on...

I’ll renegotiate $3bn IMF deal with Ghana – Mahama

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  The flagbearer of the National Democratic Congress (NDC) John Mahama has pledged to renegotiate the terms of an International Monetary Fund (IMF) bailout and...

IMF approves $360 million disbursement to Ghana amid strong economic reforms

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The Executive Board of the International Monetary Fund (IMF) has completed its second review of Ghana’s $3 billion, 36-month Extended Credit Facility (ECF) Arrangement,...

Ghana close to signing debt rework MoU with official creditors, sources...

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Ghana and its official creditors have finalised core issues on a debt rework and will sign a draft memorandum of understanding very soon, two...

Securing IMF deal without DDEP would have been challenging – BoG

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Dr. Philip Abradu-Otoo, the Director of Research at the Bank of Ghana (BoG), has explained that securing a bailout from the International Monetary Fund...

Ghana: IMF’s second review of $3bln post-COVID growth programme scheduled for...

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Ghana has unveiled plans for the second review of the three-year, $3 billion IMF-supported post-COVID-19 Programme for Economic Growth (PC-PEG), slated to occur from...

IMF chief arrives in Ghana; set to hold talks with Akufo-Addo,...

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The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has embarked on her inaugural official visit to Ghana, marking a significant milestone...

IMF board approves $600 mln payout for Ghana under loan programme

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The International Monetary Fund's board approved a first review of Ghana's loan programme on Friday, allowing for the immediate disbursement of about $600 million...

Ghana gets debt-relief terms, enough to unlock $600m IMF cash

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Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse...

Ofori-Atta: Ghana will meet criteria for second tranche of $3bn bailout

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The government is optimistic about receiving the second tranche of the US$3 billion bailout from the International Monetary Fund (IMF).   Finance Minister Ken Ofori-Atta believes...
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