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IMF loan: Ghanaians urged not to engage in "unexpected cash withdrawals"

Dr Patrick Asuming, an Economist, has asked Ghanaians not to engage in “unexpected cash withdrawals” (panic withdrawals) as the Government prepares for debt restructuring. He also urged domestic investors to continue to repose confidence in the economy because the International Monetary Fund (IMF) loan support for Ghana’s homegrown economic programme…
Patrick Asuming Ken Ofori Atta University Of Ghana International Monetary Fund Ghana News Agency Senior Lecturer

Bailout: IMF team arrives for further talks

Ghana will, for the second time, hold a series of meetings with representatives of the International Monetary Fund (IMF) as the country seeks for a loan facility to help it navigate through the current economic hardship. Led by Stéphane Roudet, Mission Chief for Ghana, the team would be in Accra…
Greater Accra Carlo Sdralevich Patrick Asuming Kenneth Thompson Ken Ofori Atta Government Enhanced Domestic Programme

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Make Ghana's economy export-oriented – Gov't told

Some Economists have asked the Government to direct its energy into implementing policies and programmes that will change the structure of the economy from being import dependent to an export-oriented one.   That, they said would be a long-term measure to address the consistent inflationary pressures, depreciation of the Cedi against…
Patrick Asuming Allan Kyeremanteng Kofi Orleans Lindsay Sammy Gyamfi International Monetary Fund University Of Ghana Business School

15% CoLA is threat to Government's fiscal targets – Economists

Some Economists are warning that the payment of 15 per cent allowance to workers to cushion them amid the country’s current economic hardship is a threat to Government’s fiscal targets. The Government expects an overall GDP growth of 5.8 per cent [5.4 per cent in 2021], inflation of 8.0 per…
Ghana General Ken Ofori Atta Patrick Asuming Vehicle Licensing Authority University Of Ghana Business School Passport Office

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