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19 Apr 24
Restructuring efforts for two struggling countries’ debts have hit snags as deals with private bondholders flounder.
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22 Jan 24
Ghana will receive $600m (£470m) of concessional loan support from the International Monetary Fund after the nation reached a preliminary agreement to restructure billions of dollars of debt.
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16 Jan 24
A preliminary deal to restructure Ghana's bilateral debt could unlock almost $1.2bn of concessional finance to invest in “critical” public infrastructure, the nation’s Ministry of Finance has said.
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18 May 23
Fund green lights $3bn loan programme to expedite fiscal reforms.
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24 Jan 23
The Ghanaian government’s auditor general has criticised how departments spent, and managed billions of cedi allocated to fund the Covid-19 response.
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19 Dec 22
The Ghanaian government has suspended payments on all bonds, commercial loans and bilateral debt, as the nation seeks to restructure its debts.
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15 Dec 22
The Ghanian government has reached a provisional agreement on a $3bn loan package with the International Monetary Fund.
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5 Oct 22
High inflation combined with increased debt servicing costs has increased the likelihood of a debt default and led to Moody’s downgrading Ghana’s credit rating.
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18 Aug 22
Ghana’s central bank has hiked interest rates by the largest jump in 20 years barely one month after the International Monetary Fund said the country needs to “ensure credibility” in its monetary...
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4 Aug 22
Transatlantic slavery has left such long-lasting damage on Africa and Africans that the continent deserves an apology and financial reparations from the European powers responsible, according to...
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24 Nov 21
The Ghanaian government faces criticism for having not taken advantage of a scheme that could have paused its debt repayments amid Covid-19.
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5 Jul 21
The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
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17 May 21
Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
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25 Feb 21
Ghana has become the first country to receive Covid-19 vaccines from India as part of the Covax programme that aims to provide doses to developing countries.
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3 Nov 20
A new development bank is to be established to help the Ghanaian government boost specific sectors of its economy, after the country obtained a loan from the World Bank.
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25 Oct 19
Retaining fiscal discipline in the run-up to the coming elections is critical for Ghana’s economy, the IMF has warned.
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23 Aug 18
Ghana’s finance minister has said the country will keep its public spending open to IMF scrutiny after its bailout programme ends next year.
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15 Aug 18
Ghana’s auditor general has slammed an economic crime agency after it kept more than one million Ghanaian cedi recovered from individuals and organisations.
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2 Aug 18
Effective auditing and good governance play a key role in the war on corruption, Ghana’s president has told a conference.
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10 Jul 18
The speaker of Ghana’s Parliament has reminded the finance minister he must produce a mid-year budget review before the House rises on 26 July.
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3 May 18
The International Monetary Fund has approved a $191m loan for Ghana to help it restore debt sustainability and protect social spending in the country.
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21 Mar 18
Developing country debt payments have increased by 60% in three years, marking the highest level since 2004, figures have revealed.
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12 Mar 18
Ghana should improve revenue collection and reduce spending cuts to achieve fiscal targets, the International Monetary Fund has said.
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1 Mar 18
The government of Ghana will give $2m in a move to make the national audit service paperless to “protect the public purse”.
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24 Oct 17
Ghana’s public authorities will replace their financial management systems to tackle issues of transparency and ensuring good governance, the finance minister has said.
19 Apr 24Restructuring efforts for two struggling countries’ debts have hit snags as deals with private bondholders flounder.
22 Jan 24Ghana will receive $600m (£470m) of concessional loan support from the International Monetary Fund after the nation reached a preliminary agreement to restructure billions of dollars of debt.
19 Dec 22The Ghanaian government has suspended payments on all bonds, commercial loans and bilateral debt, as the nation seeks to restructure its debts.
25 Feb 21Ghana has become the first country to receive Covid-19 vaccines from India as part of the Covax programme that aims to provide doses to developing countries.
3 Nov 20A new development bank is to be established to help the Ghanaian government boost specific sectors of its economy, after the country obtained a loan from the World Bank.
2 Aug 18Effective auditing and good governance play a key role in the war on corruption, Ghana’s president has told a conference.
10 Jul 18The speaker of Ghana’s Parliament has reminded the finance minister he must produce a mid-year budget review before the House rises on 26 July.
21 Mar 18Developing country debt payments have increased by 60% in three years, marking the highest level since 2004, figures have revealed.
