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Key Step To IMF Deal Achieved!

Parliament has passed three revenue mobilisation bills that are critical for Ghana’s bid to secure a Board-level agreement from the International Monetary Fund regarding a $3-billion extended credit facility to bailout the ailing economy. They are the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill, 2022, the…

Ghana’s total import bill declined by 11.8 per cent year-on-year to US$2.0 billion, driven by compression in non-oil imports, Bank of Ghana Governor Ernest Addison has reported. Non-oil imports dipped by 17.6 per cent to US$1.4 billion while oil and gas imports increased marginally by 4.8 per cent to US$622.9…

Announcing the development few minutes ago, Governor of the Bank of Ghana, Dr. Ernest Addison, said the ease in price pressures abroad will likely impact positively on Ghana’s domestic inflation profile going forward.

Following the delay in the staff-level agreement with the International Monetary Fund (IMF), Pakistan has decided to seek US help for the revival of the stalled loan programme, ARY News reported, citing sources.