64 articles
The International Monetary Fund (IMF) Public Sector Debt Statistics Data Quality Assessment mission team, led by Mr. David Bailey and Mr. Barend De La Beer, met with the Ghana Statistical Service (GSS) as part of their assessment of Ghana's public sector debt statistics compilation and dissemination
Vice President Professor Naana Jane Opoku-Agyemang has engaged Heads of International Monetary Fund (IMF) country and regional offices in Africa, using the platform to reflect on Ghana’s economic experience amid heightened global concerns over debt and development finance. The meeting, held on Janua
The International Monetary Fund (IMF) maintains that the COVID-19 pandemic had a huge impact on Ghana's economy. The Fund, however, stated that the pandemic increased pre-existing vulnerabilities in the economy. The IMF said in a Technical Assistance Report titled “Governance Diagnostic Assessment M
The International Monetary Fund (IMF) has suggested ways in which Sub-Saharan African countries can raise more revenue. The IMF said that they can do so by modernising their tax systems, closing loopholes, and using digital tools. According to the Fund, fairer tax policies mean more resources for sp
Researchers at the International Monetary Fund (IMF), Era Dabla-Norris, Raphael Lam, Francisco Roch, have stated that fiscal rules work best when countries have effective institutions to support and implement them. Specifically, they said, medium-term fiscal frameworks should translate fiscal rules
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has said that economic reforms succeed when policymakers listen and address concerns. She stated that research done by the Fund shows that when trust is built through transparent dialogue, authorities can implement
The International Monetary Fund (IMF) has said that pragmatic cooperation is paramount in instances in which some rules of the international trading system, in their current form, may not be functioning as intended. This entails the pursuit of multilateral initiatives on the global commons and moder
The International Monetary Fund (IMF) has said in its World Economic Outlook update for July 2025 that countries should reduce policy-induced uncertainty by promoting clear and transparent trade frameworks. The Fund said that pragmatic cooperation is paramount in instances in which some rules of the
The Country Managing Partner of Deloitte Ghana, Daniel Kwadwo Owusu, has urged the government to consider extending the International Monetary Fund (IMF) programme. Mr Owusu indicated that the programme can be extended by a year or two because of the numerous gains the country has achieved so far. G
The International Monetary Fund (IMF) has stated that low-income countries and emerging markets face rising debt. The Fund noted that much of the debt is hidden from the general public. To cure this practice of hiding debts from the public, the IMF said on its official X page that that legislation t
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has appealed to the United States government and its trading partners to work constructively to resolve trade tensions and reduce uncertainty. The Fund noted that the tariff measures announced by President Donald Trump pose a s
The Director of Communications at the International Monetary Fund (IMF) Julie Kozack has said that Ghana's programme performance has been good. Ms. Kozack said Ghana has followed the requirements needed for the country’s debt restructuring. “What I can say in addition is that the programme performan
An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, held meetings in Accra from September 24 to October 4, 2024, to discuss progress on reforms and the authorities’ policy priorities in the context of the third review of Ghana’s three-year program un
The International Monetary Fund (IMF) has said in its Euro Area Policies: 2024 Annual Consultation-Press Release that the euro area economy has been resilient in the face of multiple, large shocks, including the pandemic, Russia’s gas shut-off, and fallout from the war in Ukraine. Nonetheless, the F
The managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has said there is a need for a strong global financial safety net for countries that need support. With that goal in mind, she said, the IMF is working on a package of reforms to our lending framework. "To continue
The Chief Economist at the International Monetary Fund (IMF) Pierre-Olivier Gourinchas, has said that further challenges to disinflation in advanced economies could force central banks, including the Federal Reserve, to keep borrowing costs higher for even longer. That would put overall growth at ri
In recognition of the 80th anniversary of the United Nations Monetary and Financial Conference (the “Bretton Woods Conference”), the International Monetary Fund and the World Bank Group announced on Monday, July 1 the launch of a consultation tasked with developing a long-term view on the future of
The International Monetary Fund (IMF) Mission Chief for Ghana, Mr. Stéphane Roudet, has said that the progress made by Ghana in ensuring economic stability is impressive. He observed that the country has come a long way following the economic crisis that occurred in 2022. Speaking during a joint Min
The International Monetary Fund (IMF) has said that its analysis using Google Maps data shows that high-speed roads boost productivity, reduce poverty, and contribute to economic development by connecting markets efficiently. The Fund notes that the world’s fastest roads are found in richer economie
Globally, there is about $1 trillion in hidden debt—borrowing for which a government is liable, but which is not disclosed to its citizens or to other creditors, the International Monetary Fund (IMF) has said. The Fund explained that while this debt—by its nature—is often kept off the official gover
