Economy
IMF Executive Board approves Ghana's $3bn loan request after topsy-turvy negotiation
Ghana's request for a $3 billion loan from the International Monetary Fund has been approved by Fund's executive board. The loan was approved on Wednesday.
Cedi performs better against US dollar over news of IMF bailout cash disbursement
Currency trackers say the Ghana cedi is outperforming other major trading currencies against the dollar over the country's success with the IMF bailout request.
Steve Hanke slams Akufo-Addo: Says he "master of economic mismanagement"
A critic of Akufo-Addo's government, Prof Steve Hanke, has expressed his disapproval of the president's economic management in a tweet on Tuesday, May 15, 2023.
Ghana to receive first part of $3bn IMF loan this week: $600m to hit BoG accounts soon
Ghana has received the strongest signal yet about when the first part of the crucial $3 billion loan from the IMF will land after months of nd missed timelines.
Big banks in Ghana will survive debt exchange ‘squeeze’ but not small banks – Analyst
A finance expert has said the problems that have been triggered in Ghana's financial market by domestic debt exchange programme won't severely affect big banks.
Akufo-Addo commissions Ghana's biggest vehicle assembly plant yet in Amasaman
Akufo-Addo has commissioned what has been described as Ghana's biggest vehicle assembly plant at Amasaman, a fast-developing area in the Greater Accra Region.
Economy
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