Stéphane Roudet, the IMF mission chief for Ghana, on Thursday highlighted the comprehensive structural components of Ghana’s programme with the Fund, emphasizing its capacity to strengthen the country’s economy.
According to Roudet, the programme consists of a wide range of reforms across multiple sectors, which will enhance the economy’s ability to withstand future shocks.
He emphasized that the government and the...
The Minority in Parliament has raised concerns that the $3 billion bailout from the International Monetary Fund will bring untoward hardship to Ghanaians, especially the youth.
The Executive Board of the IMF on Wednesday granted approval for Ghana’s $3 billion bailout request, aimed at revitalizing the country’s struggling economy.
The decision was made during the Executive Board’s meeting held on Wednesday,...
Finance Minister, Ken Ofori-Atta has emphasized the country’s commitment to fiscal responsibility, stating that Ghana will not hastily seek to return to the international capital market for borrowing.
Speaking at a press conference on Thursday (May 18), Ofori-Atta highlighted the importance of revenue measures and prudent expenditure management in ensuring financial stability and sustainability.
He further acknowledged the revenue-enhancing measures outlined...
Finance Minister, Ken Ofori-Atta has emphasized the significance of the Debt and Debt Exchange Programme (DDEP) in minimizing interest payments and supporting Ghana’s debt management efforts.
In addition, he outlined strategies aimed at enhancing economic resilience, which he said included reducing import dependency and improving operational efficiency.
During a joint press conference between the Government of Ghana and the International Monetary...
Finance Minister, Ken Ofori-Atta has emphasized the government’s commitment to prioritize the well-being of the vulnerable segments of society.
Addressing a joint press conference between the Government of Ghana and the International Monetary Fund on Thursday on the country’s $3 billion bailout package, Mr. Ofori-Atta said: “We will ensure that we protect the vulnerable.”
To demonstrate this commitment, the government...
Transport operators nationwide are yet to comply with the directive issued by the road transport association, calling for a 10 percent reduction in fares.
Despite the association’s statement on Monday, May 15, 2023, which instructed its members to implement the fare reduction starting from Wednesday, May 17, drivers and conductors are disregarding the directive.
Citi News conducted checks at various lorry...
The Heads of Assisted Secondary Schools in the New Juaben Zone in the Eastern Region have vehemently refuted claims of a shortage of food items in Senior High Schools within the municipality.
Contrary to reports circulating on traditional and social media, the Conference of Heads of Assisted Secondary Schools (CHASS) categorically debunked these allegations, asserting that there is an ample...
Gyakye Quayson is not enthused with the Supreme Court’s ruling, which nullified his election as the Member of Parliament for the Assin North constituency.
However, despite his disagreement with the ruling, he stated that he will not pursue further litigation.
“I am, of course, disappointed by the Court’s decision. I am especially surprised that the Court now says that foreign bureaucrats...
The Eastern Regional Police Command is currently investigating a brutal attack on students and teachers of New Juaben Senior High School in Koforidua.
The attack is believed to have been carried out by suspected students of the Koforidua Senior High Technical School (SECTECH).
The incident, which took place on Sunday evening, resulted in injuries to four students from New Juaben and...
Asantehene, Otumfuo Osei Tutu II, has issued a stern warning, announcing his intention to summon chiefs within the Amansie areas of the Ashanti Region for questioning.
This move comes in response to the continuous destruction of lands in the region caused by the activities of illegal miners.
Expressing his dismay over reports of environmental degradation caused by illegal mining in the...
