Ejects Imf News Today

Locked out of the markets and hit by ratings downgrades, the government is trying to supercharge revenues and hack away at spending, As Finance Minister Ken Ofori-Atta and his Treasury team rule out any resort to the International Monetary Fund on nationalist grounds, they are taking a different set of political risks by imposing an unpopular electronic transaction tax (the E-Levy) and pledging to cut state spending by up to a fifth. As Ghana exited its IMF extended credit facility back in April...