IMF, Ghana Reach Staff Level Agreement For $370m

IMF justifies Ghana's utility tariff hikes as necessary for energy sector reform - Live Ghana TV

The International Monetary Fund (IMF) has clarified that recent increases in electricity and water tariffs in Ghana are crucial for addressing long-standing inefficiencies in the country’s energy sector. Tariff adjustments to curb sector shortfalls According to the IMF, the tariff increments are designed to minimise the persistent revenue shortfall plaguing Ghana’s energy sector and to halt the accumulation of further financial arrears. In a s…

False! IMF has not raised alarm over Gov’t committees

Artworks circulating on social media claim that the International Monetary Fund (IMF) has raised concerns over the proliferation of committees by the new Ghanaian government, warning that these committees duplicate the responsibilities of already mandated institutions. https://twitter.com/Gen_Buhari_/status/1910622607109505312 The artworks, shared by accounts suspected to have political affiliations, bear the crest and building

Use $370m IMF funds cautiously to avoid economic setback – Dr. Klutse warns Gov't

By Belinda Nketia Dr. Senanu Kwasi Klutse, Senior Lecturer and Head of the Finance Department at NIBS University, has advised the Government of Ghana to spend the upcoming $370 million IMF disbursement with caution, warning that mismanagement could undermine the country’s fragile economic recovery. Speaking on the GTV Breakfast Show with host Thelma Tackie on 16th April 2025, Dr. Klutse explained what the funds are meant for, why careful coordin…

IMF, Ghana Reach Staff Level Agreement For $370m

The International Monetary Fund (IMF) and the government have reached a staff-level agreement on a new package of economic policies and structural reforms under Ghana’s 36-month Extended Credit Facility (ECF) programme. The agreement paves the way for the conclusion of the fourth review of the programme, and upon approval by the IMF Executive Board, Ghana will receive a disbursement of approximately US$370 million in financial support. According…

Minority Accuses Government of Fiscal Data Manipulation Ahead of IMF Agreement

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/minority-accuses-government-of-fiscal-data-manipulation-ahead-of-imf-agreement/Ghana’s Minority in Parliament has intensified criticism of the government over alleged manipulation of fiscal data, following a staff-level agreement between Ghana and the International Monetary Fund (IMF) under the Extended Credit Facility (ECF) program. The agreement, pendin…

IMF agreement vindicates NPP’s economic record – Minority challenges gov’t’s fiscal claims

The Minority in Parliament has welcomed the Staff Level Agreement reached between the International Monetary Fund (IMF) and the Government of Ghana, asserting that the development vindicates the economic management of the previous New Patriotic Party (NPP) administration. According to a statement signed by Dr. Mohammed Amin Adam, Ranking Member on the Finance Committee, the agreement reached after the 4th review of the IMF-supported programme pr…