IMF Warns Ghana Government Against Imposing Import Restrictions
The International Monetary Fund (IMF) has issued a cautionary message to the Ghanaian government, advising against the imposition of restrictions on imports. This warning comes amid concerns about the economic impact of potential measures that could limit the flow of goods into the country. The IMF’s stance was articulated during a meeting with Ghanaian […]
“Ghana’s $6 Billion Loss in Oil Corporate Taxes: IMF Conditionalities and Foreign Investment Incentives Under Scrutiny
Accusations have surfaced regarding Ghana’s staggering $6 billion loss in oil corporate taxes, with the blame placed on International Monetary Fund (IMF) conditionalities and perceived incentives aimed at attracting foreign investment. Detailed evidence has emerged, shedding light on the intricate web of policies contributing to this substantial financial setback. The IMF’s Conditionalities: Sources within […]
Oppong Nkrumah, Ghana’s Information Minister, Advocates Beyond IMF Transaction for Economic Stability”
In a recent address, Ghana’s Information Minister, Oppong Nkrumah, articulated a nuanced perspective on the role of IMF transactions in addressing the nation’s economic challenges. While acknowledging the potential benefits of international financial assistance, Nkrumah stressed that relying solely on such transactions is not a comprehensive solution to the complex issues facing the country. […]
Ghana Misses IMF Deadline, Finance Minister Under Fire
Ghana finds itself in economic turmoil as it missed the International Monetary Fund’s (IMF) November 1 deadline for the release of the second tranche, further complicating external debt restructuring talks. The delay has triggered widespread concern and sparked criticism, with social commentators describing the finance minister as a failed individual. Despite high hopes and […]