IMF set to approve $3bn bailout for Ghana in May – Sources
14-04-2023
Ghana is set to secure final approval for the $3 billion bailout programme from the International Monetary Fund (IMF) in May after tapping the goodwill of the fund and key bilateral creditors to fast track the debt restructuring process, Graphic Online has gathered.
Financial assurance from the bilateral creditors, which is the last hurdle for Ghana, is due later this month, to pave the way for the request to be submitted to the IMF Executive Board for consideration and approval in May.
Two people with deep insights on the talks have told Graphic Online's Maxwell Akalaare Adombila who is in Washington D.C., USA, covering the World Bank/IMF Spring Meetings.
“Once the request goes before the board, I am pretty sure it will not encounter any challenges and so a deal in early or mid-May is possible,” one source said in Washington D.C., where global leaders on the economy have converged for the IMF/World Bank Spring Meetings.
Already, the Managing Director of the IMF, Kristalina Georgieva, has said that she was optimistic about the fund’s Executive Board granting final approval to Ghana’s request soon.
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- Government should cut expenditure - IEA prescribes reduced spending on free SHS, National Cathedral
- Nog enkel dagen registratiemogelijkheid historische verkiezingen - registreer uiterlijk 31 januari
- First-ever tax appeals board constituted
- DUTCH EXPORT ACADEMY (DEA) Application Closed!!
- COCOBOD default further dampens investor confidence
- KLM Air France Branded Fares in economy class
- Forex bureau buys Euro at GHS 12.55 and US$ at GHS 12.30
- Covid-19 Update, 27th January, 2023
- GNBCC's New Year Cocktail at the Dutch Ambassador's Residence
- Youth in Food Matchmaking event
- Utility tariffs up Feb. 1 - 29.96% for electricity, 8.3% for water
- Member Invoices have been sent
- Worrying times ahead for local agric production; as donor support hits 40% of total expenditure
- Forex bureau buys Euro at GHS 12.70 and US$ at GHS 12.45
- 56 vessels grounded under Ghana's new IUU fishing measures - Hawa Koomson
- Covid-19 Update, 20th January,2023
- New travel Covid guidelines by Kotoka International Airport (KIA)
- Consumer inflation ends 2022 at 54.1%
- A Capability Statement from Witteveen & Bos-a GNBCC Member
- Unaccounted gold export: Ghana lost $1.1b in 2 years
- Forex bureau buys Euro at GHS 12.50 and US$ at GHS 12.20
- Ghana to pay more for IMF bailout
- Covid-19 Update, 13th January,2023
- Merry X-Mas & Happy New Year !!
- Interview with Bernice Aikins, Sales Lead of Portside (Ghana)
- Ghana, IMF negotiations: Deal reached
- Invitation to Ahaspora Event
- GNBCC’s Business Breakfast for Premium Members
- Introducing KKGO-a GNBCC Member
- Connecting More People To Better Healthcare Through Digital Innovations-Pharmaccess Foundation
- Inflation pulls surprise with biggest jump since Jan 2003
- Forex bureau buys Euro at GHS 9.00 and US$ at GHS 8.50
- CediManager- bringing Ghana’s Capital Market to your fingertips
- 80% poultry ventures fold up — Association
- GNBCC And MDF West Africa Present Fourth Edition Of Dutch Export Academy (DEA)
- Interview with Dr. Maxwell A. Antwi, Country Director of PharmAccess
- Successful End of Year Cocktail Hosted by Dutch & Co
- Drama in Parliament - Censure motion botched, Majority abandons Minority, Afori-Atta continues as Finance Minister.
- Adonai Shipping Fits The New World Order In International Trade
- Special Webinar Event Invitation: The Debt Armageddon – Lessons from Sri Lanka and Ghana
- Illegal fishing, overfishing and corruption threaten livelihood -report
- PwC 2023 Budget Digest Report
- The comprehensive and innovative pension package for all.
- Covid-19 Update, 9th December, 2022
- 7th West Africa agrofood & plastprintpack international trade fair opens in Accra
- Dutch & Co's End of Year Cocktail
- Reform Value Added Tax : PwC urges govt
- West Africa Agrofood Fair 2022 openings speech General Manager GNBCC
- Gold for oil barter policy raises more questions – CSOs
- A Brief Introduction about Consolidated Shipping Agencies Limited (CONSHIP)
- DOORBRAAK! – Nieuwe wetgeving nationaliteitsrecht in de maak
- November Tema Cocktail sponsored by Agrona & Comexas
- Member Invite for Agrofood Fair West Africa
- Invitation to Graduation Ceremony-Maxim Nyansa
- GNBCC Tema Cocktail Hosted By Agrona & Comexas
- Bank of Ghana won’t fund rice, poultry imports again
- 7th West Africa agrofood: 29th of November until the 1st of December
- Censure motion: Minister counters proponents Friday as 7 grounds laid for removal
- Ntrakwah & Co, ORC host Users’ Forum on Companies Act
- Introducing GNBCC’s New Office Manager, Mrs. Naana Biney Ohemeng
- A Brief Profile about Ghana Textiles (VLISCO)
- Invitation To Cocktail And Closing Ceremony Of The New Business Challenge (NBC)
- 7th West Africa agrofood: 29-11 until 01-12
- Cedi’s weakness pushes October inflation above 40%
- Investcorp Market Review: 7th November, 2022
- New Dutch Honorary Consul for Sierra Leone appointed
- Congratulations to our winners in the GSABC-GNBCC Cocktail raffle !!!
- Introducing iCare from People's Pension Trust (PPT)
- CediManager-Bringing Ghana's Capital Market to your finger tips
- Investcorp Market Review: 3rd November, 2022
- Interview with Aedo van der Weij from Cargill
- Thank You ! Pictures & Video of joint event with GSABC 20-10-2022
- 7th West Africa agrofood: 29-11 until 01-12
- KPMG Pre-Budget Survey - 2023
- Forex bureau buys Euro at GHS 13,00 and US$ at GHS 13,15
- Investcorp Market Review: 27th Ocober,2022
- GSABC and GNBCC's Members celebrate for the 5th time
- 7th West Africa agrofood: 29-11 until 01-12
- Special Promotion Star Draught Beer to GNBCC Membership
- Doorbraak! Wij mogen óók op 15 maart 2023 stemmen voor de Eerste Kamer!
- IMF negotiations will enhance investor confidence – GIPC boss
- GNBCC announcement on Visa applications for business travel to the Netherlands
- Covid-19 Update, 20th October, 2022
- Investcorp Market Review: 20th Ocober,2022
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- 7th West Africa agrofood: 29-11 until 01-12
- On offer Yaw Pare's beautiful book: Remnants of a haunted past: Forts and Castles of Ghana
- GNBCC announcement on Visa applications for business travel to the Netherlands
- Covid-19 Update, 14th October, 2022
- Investcorp Market Review: 13th Ocober,2022
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- GNBCC announcement on Visa applications for business travel to the Netherlands
- The Netherlands committed to support Ghana’s agric sector - Deputy Ambassador to Ghana
- Dream Deals/Rendezvous Campaign
- Special Promotion Star Draught Beer to GNBCC Membership
- Fitch Downgrades Ghana to 'CC'
- Forex bureau buys Euro at GHS 10,44 and US$ at GHS 10,80
- Investcorp Market Review: 7th Ocober,2022
- GNBCC Cocktail 29-9-22 hosted by Maxim Nyansa
- Interview with Hugo Visscher, General Manager for Koudijs
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- Special Promotion Star Draught Beer to GNBCC Membership
- Thought leadership launch | Assume nothing, verify everything
- Dubbele nationaliteit: discussieavond met Tweede Kamerleden a.s maandag. Aanmelden mogelijk!
- Ghana's Debt Restructuring Options for an IMF Deal
- Investcorp Market Review: 30th September,2022
- GNBCC COCKTAIL HOSTED BY MAXIM NYANSA IT SOLUTIONS
- Interview with Sebastian Barroso da Fonseca from Access Bank
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- On offer Yaw Pare's beautiful book: Remnants of a haunted past: Forts and Castles of Ghana
- Investcorp Market Review: 23rd September,2022
- GNBCC COCKTAIL HOSTED BY MAXIM NYANSA IT SOLUTIONS
- Interview with Mr. Mohamed Samara, CEO of Meridian Port Services
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- Introducing New GNBCC Business Member: SYECOMP Ghana Ltd
- On offer Yaw Pare's beautiful book: Remnants of a haunted past: Forts and Castles of Ghana
- Dubbele nationaliteit: discussieavond met Tweede Kamerleden maandag 3 oktober
- 5-year jail term awaits defiance against VAT
- Investcorp Market Review: 16th September,2022
- GNBCC starts Youth in Agribusiness project with Ghana Food Movement (GFM)
- Business conditions deteriorate sharply in August
- Survey: Status Review of Commercial Court Operations in Ghana
- Vivo Energy Ghana Donates Fuel to Support Security Operations in the Ashanti Region
- A/R: Registered SIM cards blocked from making calls – Angry residents