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world bank

World Bank and IMF urge action on COVID-19 vaccine access for developing countries

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The World Bank Group and the International Monetary Fund (IMF) on Thursday called on countries anticipating excess vaccine supplies in the coming months to...
IMF

Uganda Secures US$1 Billion IMF Credit to Tackle COVID-19 Recovery, Ensure Economic Stability

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Uganda would receive a three-year, $1 billion financing package under a staff-level agreement announced by the International Monetary Fund (IMF) on Tuesday. “The authorities’ reform...
Pooling samples boosts Ghana’s COVID-19 testing

International Community Urged to Invest US$50 Billion to End COVID-19 Pandemic

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The International community should invest $50 billion to accelerate the end of the COVID-19 pandemic, leaders of the International Monetary Fund (IMF), the World...
IMF

Zambia and IMF reach agreement on macroeconomic parameters

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Zambia and the International Monetary Fund (IMF) have reached a broad agreement on the macroeconomic, fiscal targets and policy objectives, a senior government official...
International Monetary Fund (IMF)

Sub-Saharan Africa’s economy to grow by 3.4 percent in 2021 – IMF

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Sub-Saharan Africa's economy is expected to increase by 3.4 percent in 2021, recovering from 1.9 percent contraction witnessed in 2020, the International Monetary Fund...
Professor Peter Quartey

Ghana is a middle-income country not low-income country-Prof Quartey

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The International Monetary Fund’s (IMF) classification of Ghana as a Low-income economy is a narrow way of defining a country’s economic status,...
International Monetary Fund (IMF)

IMF grants additional interim assistance to Somalia

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The International Monetary Fund (IMF) said it has granted additional interim assistance to Somalia under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative of...
IMF

IMF revives stalled bailout package for Pakistan

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dpa/GNA – The International Monetary Fund (IMF) has approved the release of a 500-million-dollar loan tranche to Pakistan, reviving a bailout package that...
Dr Ngozi Okonjo Iweala

New female leaders in international trade inspire women to enter the game

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One week into her new job as the seventh director-general of the World Trade Organization (WTO), Ngozi Okonjo-Iweala's appointment as head of the 26-year-old...
Mapping Africa

The New Africa!

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  It is nearing impossibility to discuss and debate the true economic, political and social development of Africa as a whole on the basis the...
Dr Onsy Nathan Kwame Nkrumah

Voting for CPP is best value for real change—CPP

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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

NPP: Renewal of mandate not in a vacuum

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“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

IMF to disburse 1 billion dollars to Angola to address Covid-19 crisis

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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...
Joseph Kobla Wemakor

Coronavirus fight: Halt discrimination and violence against women and we win

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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

Hospitality industry struggling to survive in the COVID-19 era

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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...
L R Pres George M Weah And Min Samuel D Tweah Jr

Castrating just four (4) of Min. Samuel D. Tweah’s LIES – Is he a...

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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 and word bank

IMF Conditionalities Contribute to Shortage of Health Workers: Africa Suffers

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As I have told my friends for many years, the International Monetary Fund (IMF) is incapable of helping nations grow their economies. I do...
imf

Poor, youth, women hardest hit by pandemic

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Workers in food and accommodation, and wholesale and retail trade, are the hardest hit for having the least "teleworkable" jobs, with the poor, the...
Covid Medical Supplies

World needs more cooperation as global COVID-19 cases top 10 mln

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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

IMF revises down global economy forecast, warns of record debt levels

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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 building at Washington

World Bank agrees to extend budget support to Zambia

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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

IMF to hold video conference sessions on Zambia

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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

Angola to join G20 initiative to suspend debt payments

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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

Post-pandemic world needs better globalization, not less

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Even at a time when the coronavirus pandemic is sweeping the world, beef from New Zealand, red wine from Chile, and detergent from...
Wto Africa

WTO has a leadership vacuum; and Africa may just have the candidate to fill...

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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...
Market in Ghana

COVID–19: Injects GHS18b into economy to mitigate losses -TUC to government

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The Trades Union Congress (TUC) is asking the government to inject about GHS 18 billion into the various sectors of the economy to help...
Zimbabwe Screening By Healthcare Workers For Covid

Africa and IMF Conditionality and the COVID-19 Pandemic

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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

IMF approves US$491.5 million to help Uganda address COVID-19 impact

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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...
Louis Paul Motaze

Cameroon’s minister upbeat about COVID-19 response after IMF loan

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Cameroon is poised to upgrade its emergency response towards COVID-19 outbreak following the approval of an emergency loan by International Monetary Fund (IMF),...
Coronavirus testing supplies being unloaded at the Bole International Airport in Addis Ababa, Ethiopia, in March.Credit…Tiksa Negeri/Reuters

Ethiopian PM Abiy Ahmed: Debt Cancellation for the World to Survive

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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...