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IMF Executive Board Completes First Review under the Stand-By Arrangement with Georgia

Washington, DC : The Executive Board of the International Monetary Fund (IMF) completed the first review of the three-year Stand-By Arrangement (SBA) for Georgia. The completion of the review enables access of SDR 30 million (about US$40 million). The Georgian authorities continue to treat the arrangement as precautionary. Strong growth of 10 percent is projectedWashington, DC : The Executive Board of the International Monetary Fund (IMF) completed the first review of the three-year Stand-By Arr...
United States Antoinettem Sayeh Mayada Ghazala National Bank Communications Department Board Of The International Monetary Fund

Ofori-Atta says he pays $500m every year to clear Mahama's 'needless' dumsor IPP debts

Finance Minister Ken Ofori-Atta has said he finds it “curious” that the minority caucus cited energy bills saddling Ghana’s coffers to back their claim that he has been reckless in managing the economy when, according to him, a lot of debt burden is a result of needless contracts signed by…
Ghana General James Town United Kingdom Ken Ofori Atta Gomoa Feteh John Mahama

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