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A delegation from the International Monetary Fund (IMF) is scheduled to arrive in Accra today Tuesday July 5, the Ministry of Finance has announced. The arrival of the officals is subsequent to the directive by President Nana Addo Dankwa Akufo-Addo, for the Finance Ministry to commence engagement with the Fund to support Ghana’s economic programme....

Former Deputy General Secretary of the opposition National Democratic Congress, Samuel Koku Anyidoho is claiming that then Vice President John Mahama used to abuse his boss, President John Atta Mills. Koku, Founder of Atta Mills Institute and former Communications Director at the Presidency alleged this in a series of posts on his Twitter handle. He...

Information Minister Kojo Oppong Nkrumah has assured that there will be frank negotiations with the International Monetary Fund (IMF). Asked about the future of the Free Senior High School (SHS) and the One District One Factory (1D1F) initiatives due to an IMF porgramme, he told TV3’s Paa Kwesi Asare in an interview that “We expect some very frank negotiations...

The National Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, is demanding an unqualified apology from the government for the “excruciating hardships they continue to impose on the Ghanaian people”. According to the NDC executive, despite the current government being the most-resourced in the history of the Fourth Republic, it has not been able to...

The government of Ghana’s U-turn decision to meet the International Monetary Fund (IMF) for bail out is still a major topic for discussion this week. One group feel going to the IMF is the right decision while others feel the move will not help Ghana. An international economist from the John Hopkins University, USA, Professor Steve Hanke has said the...

Four teacher unions have declared a nationwide strike over government’s inability to meet the deadline for their demands for the payment of Cost of Living Allowance (COLA). This follows the expiration of a June 30 deadline the unions gave government. The unions are the Ghana National Association of Teachers (GNAT), National Association of Graduate Teachers...

As the government prepares to commence talks with the International Monetary Fund (IMF) for a bailout program, former Finance Minister Seth Terkper has charged government to candidly assess the sustainability of programs like the Free Senior High School Policy. According to him, some of the flagship programs are a drain on governments’ resources. The announcement...

Government says its ‘primary reason’  for Ghana’s return to the International Monetary Fund (IMF) is the COVID-19 pandemic and the Russia-Ukraine war.  It maintains that efforts by the government to put the ailing economy back on track immediately after it assumed office were hampered by what it describes as the twin crisis [Covid and Russia-Ukraine war]....

Former Finance Minister, Seth Terkper says Ghana is going to the IMF a little too late, especially when, from all indications, it was clear that the economy was headed for more difficult times. He said Finance Minister Ken Ofori-Atta’s adamancy must be blamed for Ghana’s unnecessary delay to engage the IMF for a bailout. Speaking...