
Economy







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.

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.

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 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.

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 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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