“Ghana Leads African Nations in Debt Levels, IMF Reports”

  Ghana has emerged as the African nation with the highest debt levels, according to recent data released by the International Monetary Fund (IMF). The report highlights the significant financial challenges facing the country and underscores the urgent need for effective debt management strategies. With debt levels surpassing those of other African nations, Ghana’s economic […]

Ghana’s economic downturn not only due to COVID-19 but also excessive spending by IMF

  Ghana, like many nations worldwide, has faced significant economic challenges exacerbated by the COVID-19 pandemic. However, a closer examination reveals that the country’s economic downturn is not solely attributable to the global health crisis but also to excessive spending fueled by loans from the International Monetary Fund (IMF). This revelation has sparked debates and […]

Outgoing Health Minister Agyeman-Manu Attributes Stalled La General Hospital Reconstruction to Ghana’s IMF Negotiations

  In a revelation that sheds light on the challenges faced by Ghana’s healthcare infrastructure, Outgoing Health Minister Kweku Agyeman-Manu has disclosed that the reconstruction of the La General Hospital has stalled due to the country’s negotiations with the International Monetary Fund (IMF). Speaking with Gh One Television reporter Agyeman-Manu underscored the impact of the […]

That propaganda must stop! You didn’t inherit a mess; you inherited an economy that was doing well – John Mahama to the NPP Government

Former President John Mahama has issued a stern rebuke to the current government, denouncing what he characterizes as propaganda aimed at undermining his administration’s economic legacy. In a passionate address, Mahama refuted claims that he left behind a troubled economy, asserting that his successor inherited a nation on the path to prosperity. Mahama’s remarks come […]

Speaker Alban Bagbin Challenges Notion: “IMF has never supported any society to develop”

  Ghana’s Speaker of Parliament, Alban Bagbin, has sparked a debate by challenging the conventional belief that the International Monetary Fund (IMF) has been instrumental in supporting societal development. Bagbin’s remarks, made during a recent session, have drawn attention to the complexities of international financial assistance and its impact on the development trajectory of nations. […]

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 […]