The African Development Bank (AfDB) Group has created a financial innovation scheme to encourage developed countries to redirect their Special Drawing Rights (SDRs) to African countries. The Bank Intends leveraging ...
Mr. Ken Ofori-Atta, Minister of Finance, has proposed a declaration on Special Drawing Right (SDR) to ensure that African countries use SDR as a resource mobilization tool to develop the ...
The Governor of the Bank of Ghana has clarified that the recent US$ 1.007 billion Special Drawing Rights (SDR) allocation will not be classified as a Central Bank financing due ...
The World Bank has revised Ghana’s growth upwards to 4.9 percent in 2021 in its latest October 2021 Africa Pulse report. The Bretton Woods institution expects the country’s growth momentum ...
Former Minister for Finance, Seth Tekper, has expressed worry about the change of fiscal accounting by the current government in treating ‘exceptional’ expenditure items and arrears as a footnote. ...
The Reserve Bank of Zimbabwe (RBZ), in its mid-term monetary policy review for 2021, disclosed that, the banking sector has remained relatively stable due to the country’s stable economy. The ...
Ghana has received its share of US$1 billion equivalent of the International Monetary Fund’s (IMF) new Special Drawing Rights (SDRs) allocation to boost the post-COVID economic recovery of member countries. ...
Finance Minister, Ken Ofori-Atta, has revealed that government will withdraw its share of the $1billion SDR from the International Monetary Fund (IMF) to fast-track the ongoing recovery in the economy. ...
The Resident Representative of the IMF to Ghana, Dr Albert Touna Mama, has revealed that Ghana will today receive $1 billion from the International Monetary Fund (IMF). This is part ...
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