Former Finance Minister Seth Terkper has revealed that Ghana risked returning to the International Monetary Fund (IMF) for support following the rising debt. Mr. Terkper suggested to the government to draw a realistic budget and not to project higher growth. His comments come after the Credit rating agency Moody’s has projected in its 2021 Sub-Saharan … Read more
The International Monetary Fund [ IMF ] on Monday approved new emergency aid for 28 of the world’s poorest countries to help them alleviate their debt and better cope with the impact of the coronavirus pandemic. The announcement, which follows a similar measure passed in mid-April for 25 countries, is intended to help the countries … Read more
The International Monetary Fund (IMF) has announced it has granted debt relief to over 25 poor member countries. The International Monetary Fund (IMF) is an organization of 189 countries, that helps foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and reduce poverty around the world. Created in 1945, the IMF … Read more