International Monetary Fund

IMF To Release $360m To Ghana In December
25 Nov

IMF To Release $360m To Ghana In December

Evans ManassehNews
The International Monetary Fund (IMF) board is set to meet in early December and approve the disbursement of US$360 million to Ghana This will be in line with Ghana passing the third review under the fund programme. “Once the review is completed by the IMF’s executive board, Ghana would have access to about $360 million in terms of disbursement”, the Director of Communications at the IMF Julie Kozack disclosed at news conference in Washington DC USA. “We are working, our staff are working toward a board meeting in early December and will provide additional details on the precise date when…
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IMF Projects Growth Rate Of 4.2% For Ghana In 2021
27 Jan

IMF Projects Growth Rate Of 4.2% For Ghana In 2021

Wontumi2Business
Ghana’s economy is projected to grow at a rate of about 4.2% this year, according to the International Monetary Fund’s latest updated World Economic Outlook Report. This is consistent with Moody’s 4.0% and Fitch Solutions 4.8% forecasts, but in sharp contrast with World Bank’s 1.4%. According to the Fund, Ghana’s growth rate will be higher than Sub Saharan Africa’s regional average of 3.2 percent. “In 2021, sub-Saharan Africa will recover only gradually. Regional growth next year is forecast at 3.1%. This is a smaller expansion than expected in much of the rest of the world, partly reflecting limited policy space…
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