Tag: Extended Credit Facility

Uganda is pursuing a new round of financial assistance from the International Monetary Fund (IMF) as its debt burden grows and its previous funding arrangement lapses. The East African nation’s ...

The debate over Ghana’s recurring utility tariff hikes has resurfaced, with the National Democratic Congress (NDC) squarely placing responsibility at the feet of the New Patriotic Party (NPP), accusing them ...

Director of Communications at the IMF, Julie Kozack, expressed confidence and support for Ghana during a recent press conference in Washington, D.C. According to her, the government's support program, designed ...

The International Monetary Fund’s (IMF) has denied revising Ghana’s growth rate from 1.5 per cent to 1.2 per cent. The Fund’s Resident Representative in Ghana, Dr. Leandro Medina, clarified in ...

The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement regarding economic policies and reforms to conclude the first review of Ghana's three-year program under the Extended Credit ...

Despite the current balance of payment deficit, Fitch Solutions, a renowned rating agency, has projected that Ghana's balance of payments will shift into a surplus for the years 2023 and ...

Despite spending more than anticipated, Fitch Solution has declared that Ghana's International Monetary Fund Program would not be suspended nor terminated. According to its latest assessment of Ghana titled “Positive ...

An International Monetary Fund (IMF) staff team, led by Stéphane Roudet, mission chief for Ghana are expected in Accra to begin discussions from today, Thursday, December 1, 2022 through to ...

The Executive Board of the International Monetary Fund (IMF) has approved US$1 billion for Uganda under the Extended Credit Facility (ECF) to support the post-COVID-19 recovery. The approval of the ECF arrangement ...

The Executive Board of the IMF has approved an amount of $312.4 million equivalent to SDR219.96 million under the Extended Credit Facility for Madagascar. The Extended Credit Facility which now ...