An International Monetary Fund (IMF) staff team led by Carlo Sdralevich that visited the country last week to assess the economic situation of the country says the Fund will continue to monitor the challenging economic and social situation in Ghana closely in the coming weeks and engage authorities in the formulation of Enhanced Domestic Programme that could be supported by a Fund arrangement.

Parliament has postponed the 2022 Mid-Year Budget Review which was scheduled this week until the government’s engagements with the International Monetary Fund (IMF) are completed.

The visiting team from the International Monetary Fund (IMF) is expected to engage the Vice President, Dr Mahamudu Bawumia, today as part of its data gathering and engagement with the government.

Four teacher unions are currently on strike over their demand for the 20 percent Cost of Living Allowance (COLA).

The Chairman of the Business Committee, Osei Kyei Mensah Bonsu has hinted that the Minister of Finance, Mr. Ken Ofori-Atta is expected to present the Mid-Year Review of the Budget Statement and Economic Policy of the Government of Ghana and Supplementary Estimates for the 2022 Financial Year to the Honourable House on Wednesday 13th July 2022.

Finance Minister, Mr. Ken Ofori-Atta, will on Wednesday, July 13, present the Mid-Year Review of the Budget Statement and Economic Policy of Government and Supplementary Estimate for the 2022 Financial Year to Parliament.

Finance lecturer, Dr. Benjamin Amoah, has described government’s 3 year target to turn around the economy with the aid of the International Monetary Fund as over-ambitious.

According to persons close to Ghana's financial and technical assistance discussions with the International Monetary Fund (IMF), negotiations are nearing a close.

An International Monetary Fund (IMF) staff team, led by Carlo Sdralevich, Mission Chief for Ghana, will visit Accra from July 6 to 13 to begin initial discussions with the Ghanaian authorities about a possible IMF-supported programme.

The Head of Financial Stability at the Bank of Ghana, Dr. Joseph France, says commencing July 1, all persons who have failed to link their Ghana cards to their bank accounts will be unable to withdraw funds from their bank accounts.