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Tag "International Monetary Fund (IMF)"

Bailout package: We’ll help Ghana restore macroeconomic stability, says IMF

    Bailout package: We’ll help Ghana restore macroeconomic stability, says IMF

The International Monetary Fund says it will help Ghana restore macroeconomic stability. Ghana, one of West Africa’s largest economies, sought help from the IMF in July after its citizens took to

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Ghana to propose 30% principal loss for eurobond holders

    Ghana to propose 30% principal loss for eurobond holders

Ghana will ask its international bondholders to accept losses of as much as 30 percent on the principal and forgo some interest payments. As part of its debt sustainability plan

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We’re implementing measures to prevent food crisis, FG replies IMF

    We’re implementing measures to prevent food crisis, FG replies IMF

The federal government has assured Nigerians that measures are in place to forestall a food crisis in the country. The International Monetary Fund (IMF) had predicted that food prices would

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IMF: CBN’s financing of fiscal deficit complicates fight against inflation

    IMF: CBN’s financing of fiscal deficit complicates fight against inflation

The International Monetary Fund (IMF) says the Central Bank of Nigeria’s financing of the country’s fiscal deficit complicates its fight against inflation. Ari Aisen, IMF’s resident representative for Nigeria, said

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Ghana to tighten regulations on rice, fruit juice imports to boost local production

  Ghana to tighten regulations on rice, fruit juice imports to boost local production

Nana Akufo-Addo, president of Ghana, says the country will review the standards required for imports of major products to boost

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Report: Ghana’s cedi now world’s worst-performing currency against US dollar

  Report: Ghana’s cedi now world’s worst-performing currency against US dollar

The Ghanaian cedi has become the worst performing currency in the world after it lost 45.1 percent of its value

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DMO to FG: Grow revenue sources, cut waste to reduce borrowing

  DMO to FG: Grow revenue sources, cut waste to reduce borrowing

The Debt Management Office (DMO) says the federal government can reduce its dependence on borrowings to finance budget deficits by

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Report: Ghana cedi drops by 35%, now second worst-performing currency in the world

  Report: Ghana cedi drops by 35%, now second worst-performing currency in the world

The Ghana cedi has depreciated by 35 percent against the US dollar this year, making it the second worst-performing currency

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Inflation: Ghana’s Central Bank raises interest rate to 22%

  Inflation: Ghana’s Central Bank raises interest rate to 22%

The Bank of Ghana (BOG) has increased its monetary policy rate (MPR) from 19 percent to 22 percent in a

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Climate change: AfDB, IMF urge African nations to mobilise $1.6trn by 2030

  Climate change: AfDB, IMF urge African nations to mobilise $1.6trn by 2030

The African Development Bank and the International Monetary Fund (IMF), have called on Africa to mobilise funds to fight climate

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