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Tag "International Monetary Fund (IMF)"

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 bid to curb inflationary pressures and halt the depreciation of

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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 change. The institutions disclosed this on Monday at a panel

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Report: IMF to ‘substantially’ cut global economic outlook as inflation surges

The International Monetary Fund (IMF) says it will significantly reduce its forecast for global economic growth in its next update. Ceyla Pazarbasioglu, IMF’s director for strategy, policy and review, said

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IMF delegation visits Ghana to begin talks on economic bailout

    IMF delegation visits Ghana to begin talks on economic bailout

A delegation from the International Monetary Fund (IMF) is scheduled to visit Ghana to begin discussions on a possible support programme. In a statement on Tuesday, IMF said the visit

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IMF: Nigeria’s economy gaining strength — but inflation will remain high

  IMF: Nigeria’s economy gaining strength — but inflation will remain high

The International Monetary Fund (IMF) says inflation will remain high despite the ongoing economic recovery in Nigeria. The Washington-based institution

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CBN: We’ll introduce USSD code for eNaira transactions

  CBN: We’ll introduce USSD code for eNaira transactions

The Central Bank of Nigeria (CBN) has announced plans to introduce an unstructured supplementary service data (USSD) code to improve

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IMF: Nigeria may spend 100% of revenue on debt servicing by 2026 

  IMF: Nigeria may spend 100% of revenue on debt servicing by 2026 

The International Monetary Fund (IMF) says Nigeria may spend almost 100 percent of its revenue on debt servicing by 2026.

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EU proposes $9.5bn short-term funding for Ukraine

  EU proposes $9.5bn short-term funding for Ukraine

The European Union has proposed to help Ukraine with a £9 billion ($9.5 billion) short-term fund to pay its bills

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IMF: Adopting Bitcoin as legal tender won’t fix Africa’s economic problems

  IMF: Adopting Bitcoin as legal tender won’t fix Africa’s economic problems

The International Monetary Fund (IMF) has cautioned against the growing adoption of Bitcoin as legal tender by countries.  Abebe Selassie,

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Okonjo-Iweala: I’m worried about another pandemic… the world’s not prepared yet

  Okonjo-Iweala: I’m worried about another pandemic… the world’s not prepared yet

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), says she’s worried that the world is not ready to handle

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