20 Articles
20 Articles
The second review of the Extended Credit Facility (ECF) and Facility for Resilience and Sustainability (FSD) programmes for Madagascar was completed by the Board of Directors of the International Monetary Fund (IMF) on Thursday, 3 July. The resident representative of the Bretton Woods institution, Eklou Kodjovi, explains this review, which enabled Madagascar to obtain an immediate disbursement of approximately $107 million under both programmes.…
Ghana gets $30m China grant for Aflao market project - Ghana Business News
Ghana has secured a $30 million grant from the China government to construct a modern market in Aflao in the Ketu South municipality of the Volta region. This is the country’s busiest eastern border town with Togo. Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, who signed the agreement on behalf of Ghana on July 7, 2025, described the project as a major economic intervention directed by President John Mahama in fulfillment of his 2024 cam…
IMF approves $367 million to help Ghana deepen economic reforms
Ghana, the West African cocoa, gold, and crude oil exporter, started 36-month IMF-backed reforms in May 2023 to achieve recovery. ACCRA | Xinhua | The executive board of the International Monetary Fund (IMF) has approved the fourth review of Ghana’s reforms, paving the way for the immediate release of 367 million U.S. dollars to deepen recovery, according to an IMF press release on Monday. The new approval brings Ghana’s total disbursements unde…
The Board of Directors of the International Monetary Fund (IMF) approved a further disbursement of $367 million to Ghana, as part of the fourth review of the agreement under the Extended Credit Facility, bringing the total amount allocated to Ghana to about $2.3 billion.
Ghana’s IMF Programme Goes Off Track
Ghana’s three-year, $3 billion Extended Credit Facility (ECF) programme with the International Monetary Fund (IMF) has suffered a significant blow following what the Fund describes as major policy slippages and delays in key reforms. According to the IMF’s latest review, the country’s performance under the programme “deteriorated markedly” by the end of 2024, raising concerns over the sustainability of economic gains made earlier in the programm…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium