The executive board of the International Monetary Fund (IMF) has approved the fifth review of Ghana’s reforms, paving the way for the immediate release of 385 million U.S. dollars to boost the country’s economic recovery, an IMF press release has said. The latest disbursement is under a 3-billion-dollar arrangementContinue Reading
Suez Canal Authority (SCA) Chairman Osama Rabie reported on Monday that the waterway has seen a significant performance boost since the start of the current fiscal year in July. Since July 1, a total of 5,874 vessels have transited the Canal, generating 1.97 billion U.S. dollars in revenue. ThisContinue Reading
The team met with Finance Minister Carla Loveira and Governor Rogério Zandamela of the Bank of Mozambique Economic activity is gradually recovering from an abrupt contraction during the last quarter of 2024, and inflation pressures are muted. Growth is expected to remain moderate, as challenges including a constrained funding environment,Continue Reading
By Francis Kobena Tandoh Finance Minister Dr. Cassiel Ato Forson is scheduled to present the 2026 Budget Statement & Economic Policy to Parliament today, Thursday, 13 November 2025. The budget presentation is the first full-year fiscal plan under President John Dramani Mahama’s administration since his second return to the presidencyContinue Reading
By Francis Kobena Tandoh African countries can take advantage of Chinese green energy technology to boost industrialization drives; this is according to Alfred Schipke, Director of the East Asian Institute, National University of Singapore, on Thursday. In an interview after the launch of an International Monetary Fund (IMF) publication titledContinue Reading
On the sidelines of the 2025 World Bank Group and International Monetary Fund (IMF) Annual Meetings in Washington, D.C., H.E. Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia, held a bilateral meeting with H.E. Ali bin Ahmed Al Kuwari, Minister of Finance of the State ofContinue Reading
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has called for increased efforts to spur private-sector growth, strengthen macroeconomic fundamentals, and reduce global imbalances, as she outlined the Fund’s priorities for navigating high economic uncertainty. Speaking at the launch of her Global Policy Agenda, Georgieva said the private sector “handles uncertainty better”Continue Reading
