Audio By Carbonatix
The board of the International Monetary Fund is likely to approve the disbursement of yet another tranche of its extended credit facility to Ghana.
The facility is meant to help in reducing poverty and accelerating growth.
Some 218 million of the 602 million dollar fund which is supposed to be disbursed over a three-year period has already been advanced.
IMF Executive Director with responsibility for Ghana, Mohammad Jafar Mojarrad has told Joy Business the country is likely to receive the next tranche before the end of the year because the Fund is satisfied with its review process.
Meanwhile, a five member IMF mission is in town to carry out their third review on progress made so far by Ghana under the program.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Machu Picchu train crash leaves one dead and dozens injured
9 minutes -
Heavy police presence in Sydney for New Year’s celebrations after Bondi attack
33 minutes -
Ghana not experiencing ‘dumsor’ despite occasional outages – Analyst
37 minutes -
ESLA stabilised energy sector but legacy debt remains major challenge – Analyst
38 minutes -
Peter Obi dumps LP, defects to ADC
57 minutes -
Proposed 5-Year Presidential Term Could Break Ghana Tradition of 8-Year Mandate
58 minutes -
Ghana Airways technical completion paves the way for a triple threat economic reset
1 hour -
Cedi depreciation marked most disastrous period in Ghana’s economic management – Felix Kwakye Ofosu
1 hour -
Walewale, Bolgatanga police investigate deadly checkpoint shooting
1 hour -
Taxpayers to pay less under revised VAT structure from 2026 — GRA
1 hour -
Bullish Andre Ayew talks up NAC Breda challenge
2 hours -
Cybersecurity Authority warns public against festive season parcel delivery scams
2 hours -
Andre Ayew joins Dutch side NAC Breda till end of season
2 hours -
It’s fair to say that the gov’t has started well on economic management – Oppong Nkrumah
2 hours -
Mahama inherited the worst economic situation in Ghana’s history, supervised by the NPP – Felix Kwakye Ofosu
2 hours
