No Magic Wand, But Ghana Receives First Tranche of IMF Bailout Ghana ECF IMF economy rebuilding loans debt recovery
, Ghana also has oil and gas reserves, but its debt soared in 2022, and like the rest of sub-Saharan Africa it has been hit by the fallout from the Covid-19 pandemic and the war between Russia and the Ukraine.Ghanaian Times, 19 May 2023
The Minister of Finance, Ken Ofori-Atta, says the clinching of the $3 billion Extended Credit Facility deal with the International Monetary Fund will help bring the…
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rand-wrecking Russia row puts South Africa’s IMF-beating record at risk | BusinessA diplomatic row between the US and South Africa that’s sent the rand to its weakest level on record against the dollar may quash Pretoria’s record of outperforming International Monetary Fund expectations for key budget metrics. | News24_Business
Read more »
Row with US that wrecked rand puts SA’s IMF-beating record at riskA diplomatic row between the US and South Africa that’s sent the rand to its weakest level on record against the dollar may quash Pretoria’s record of outperforming International Monetary Fund expectations for key budget metrics. Moneyweb Currency
Read more »
Ghana – UK: Lynette Yiadom-Boakye’s figurative Black portraiture - The Africa Report.com“One of the things I always remove in my work is a person who looks passive; partly because my characters are Black, partly because I don't want them to look like someone has taken something from them,' says painter Lynette Yiadom-Boakye
Read more »
Economist warns that informal African economies lead to indebtednessHeavy debt to the IMF from countries like South Africa, Zambia, and Egypt could cause a vicious cycle of overdependence, if they do not formalise their economy, an economist warned.
Read more »
SATURDAY PROFILE | 72-year-old Saunders wants to bring hope back to gang-infested Wentworth | News24He is 72 years old and had no formal education, but that hasn't stopped Joseph Saunders from completing a computer training course. He takes a call from Muhammad Hussain and talks about his passions, politics and his hometown.
Read more »
Electricity Minister visits Kusile againElectricity Minister Kgosientsho Ramokgopa is visiting the Kusile Power Station in Delmas. He wants a status report on measures taken to bring back four units.
Read more »