Tag: IMF
Voting for CPP is best value for real change—CPP
Dr Onsy Kwame Nkrumah, First Vice Chairman of the Convention People Party (CPP), says a vote for the Party will bring “real change” in...
NPP: Renewal of mandate not in a vacuum
“We do not ask for the renewal of our mandate in a vacuum. We ask, give us four more years because our Government, has...
IMF to disburse 1 billion dollars to Angola to address Covid-19 crisis
The International Monetary Fund (IMF) on Wednesday said it would disburse 1 billion dollars to Angola to address the impact of the coronavirus pandemic.
The...
Coronavirus fight: Halt discrimination and violence against women and we win
A deadly pandemic hits at an alarming rate and brings untold pain and hardship upon the whole world.
All of a sudden, life came to...
Hospitality industry struggling to survive in the COVID-19 era
The COVID-19 virus has undoubtedly caused irreparable effects worldwide. And in Ghana, the fear of catching the virus has influenced business owners and families...
Castrating just four (4) of Min. Samuel D. Tweah’s LIES – Is he a...
We cannot sit here and allow Min. Samuel D. Tweah to distort the narrative, especially ahead of 2020 and 2023 polls. In just 30...
IMF Conditionalities Contribute to Shortage of Health Workers: Africa Suffers
As I have told my friends for many years, the International Monetary Fund (IMF) is incapable of helping nations grow their economies. I do...
Poor, youth, women hardest hit by pandemic
Workers in food and accommodation, and wholesale and retail trade, are the hardest hit for having the least "teleworkable" jobs, with the poor, the...
World needs more cooperation as global COVID-19 cases top 10 mln
Global confirmed COVID-19 cases topped 10 million on Sunday, with nearly 500,000 deaths worldwide, according to data compiled by the Center for Systems Science...
IMF revises down global economy forecast, warns of record debt levels
The International Monetary Fund (IMF) has revised down its forecast for the global economy amid mounting COVID-19 fallout, warning of record debt levels in...
World Bank agrees to extend budget support to Zambia
The World Bank has agreed to extend its budget support to Zambia once the country gets on a program path with the International Monetary...
IMF to hold video conference sessions on Zambia
The International Monetary Fund (IMF) will conduct a virtual consultative and information exchange for Zambia from June 22 to July 1, a senior government...
Angola to join G20 initiative to suspend debt payments
Angola will join the Group of 20 (G20) Debt Service Suspension Initiative (DSSI), which allows the country to direct funds to combat the impact...
Post-pandemic world needs better globalization, not less
Even at a time when the coronavirus pandemic is sweeping the world, beef from New Zealand, red wine from Chile, and detergent from...
WTO has a leadership vacuum; and Africa may just have the candidate to fill...
The World Trade Organization is at a crossroads and may be facing its most difficult test in its twenty-five-year history after the sudden resignation...
COVID–19: Injects GHS18b into economy to mitigate losses -TUC to government
The Trades Union Congress (TUC) is asking the government to inject about GHS 18 billion into the various sectors of the economy to help...
Africa and IMF Conditionality and the COVID-19 Pandemic
Governments within the African Union are receiving varying responses to requests for financial assistance
African states across the continent have enacted stringent measures aimed at...
IMF approves US$491.5 million to help Uganda address COVID-19 impact
The International Monetary Fund (IMF) said Wednesday its executive board has approved a 491.5-million-U.S.-dollar disbursement to Uganda to address the impact of the COVID-19...
Cameroon’s minister upbeat about COVID-19 response after IMF loan
Cameroon is poised to upgrade its emergency response towards COVID-19 outbreak following the approval of an emergency loan by International Monetary Fund (IMF),...
Ethiopian PM Abiy Ahmed: Debt Cancellation for the World to Survive
May 1, 2020
Ethiopian Prime Minister, Abiy Ahmed, has made an audacious salient call for debt cancellation for low income countries. It was published in...
IMF approves US$28.9 million to Maldives as COVID-19 cases rise
The International Monetary Fund (IMF) approved a disbursement of 28.9 million U.S. dollars to the Maldives on Thursday as the number of COVID-19 cases...
IMF and RFAs pledge cooperation to mitigate pandemic’s impact on economy
Heads of the International Monetary Fund (IMF) and Regional Financing Arrangements (RFAs) on Tuesday pledged to cooperate to mitigate the impact of the COVID-19...
Zambia and IMF to hold talks on economic recovery program
The Zambian government said on Monday that it will commence discussions with the International Monetary Fund (IMF) on a possible financing program.
...
IMF, World Bank urge countries to keep trade open amid COVID-19 pandemic
The International Monetary Fund (IMF) and the World Bank Group (WBG) have called on countries to keep trade open as the world battles the...
Parliament approves US$1 billion to mitigate the impact of COVID-19
Parliament on Friday evening approved s US$1 billion credit facility to mitigate the impact of the COVID-19 pandemic.
The facility, titled “Rapid...
Global COVID-19 deaths top 150,000, international coordinated response intensifying
Global COVID-19 deaths surpassed 150,000 with over 2.2 million infections on Friday as international institutions are intensifying their collective efforts on battling the pandemic.
A...
Global economy expected to shrink sharply due to Coronavirus, WEO says
The global economy is expected to shrink sharply by three percent in 2020 because of the Coronavirus pandemic, according to the World Economic Outlook...
Global debt estimated to reach 96.4 percent of GDP in 2020
Global debt is estimated to increase by 13 percentage points to reach 96.4 percent of gross domestic product (GDP) in 2020, as the COVID-19...
IMF approves about US$1 billion to aid Ghana’s COVID-19 fight
The International Monetary Fund (IMF) has approved a credit facility of 738 million Special Drawing Rights (about 1.0 billion U.S. dollars) for Ghana to...
COVID-19: IMF Executive Board approves US$1 billion disbursement to Ghana
The International Monetary Fund said its Executive Board has approved the disbursement of two billion dollars to Ghana to be drawn under the Rapid...