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IMF upholds position that DDE caused heavy loses at BoG

The International Monetary Fund has come to the defense of the Bank of Ghana (BoG), explaining that the heavy loses recorded by the central...

Nigeria’s e-Naira fails as Ghana sees promise for e-Cedi

The International Monetary Fund (IMF) has revealed that 98.5% of Nigeria's Central Bank Digital Currency, e-naira wallets have not been used even once, two...

IMF Board approves US$3 billion bailout for Ghana

The Executive Board of the International Monetary Fund (IMF) has approved a the long-awaited US$3 billion bailout for Ghana.  The 36-month Extended Credit Facility (ECF)...

IMF warns Zimbabwe on gold-backed digital token

Zimbabwe recently launched a gold-backed digital token to help its devaluing currency, but experts think it a futile project.The International Monetary Fund (IMF), yesterday, cautioned...

IMF assigns Financial Supervision Adviser to Bank of Ghana

The International Monetary Fund (IMF) has assigned a Resident Adviser in financial sector supervision to the Bank of Ghana (BoG) to provide technical assistance...

BoG debunks claims IMF exposed extent of government overdraft

The Bank of Ghana (BoG) has debunked claims that it connived with government to conceal the true extent of government's overdraft until the International...

NCA finally approves Vodafone sale to Telecel

The National Communication Authority (NCA) has granted conditional approval for the transfer of the 70% majority shares in Ghana Telecommunications Company Limited (Vodafone Ghana)...

IMF: Global economic growth slows amid gloomy, more uncertain outlook

The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook, according to the...

IMF: Banks in emerging-markets holding government debt pose financial stability risks

The Covid-19 pandemic has left emerging-market banks holding record levels of government debt, increasing the odds that pressures on public-sector finances could threaten financial...

IMF calls for TOUGH REGULATIONS on fast-growth FINTECH industry

The International Monetary Fund says fast-growing finechs pose challenges for both regulators and less technologically advanced banks, whose long-term viability may be under threat.In...


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