Ghana

    On September 28, 2016 the Executive Board of the International Monetary Fund (IMF) completed the third review of Ghana’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement. Completion of the review enables the disbursement of SDR 83.025 million (about US$116.2 million), bringing total disbursements under the arrangement to SDR 332.1 million (about US$464.6 million).

    Ghana plans to issue its first domestic investor only dollar bond next month in efforts to deepen the government's financing streams and bolster the local bond market, Finance Minister Seth Terkper said on Friday.

    The chairman of the Monetary Policy Committee of the Bank of Ghana (BoG), Dr. Abdul-Nashiru Issahaku, has expressed worry over the current level of inflation, warning that it is still high compared to the medium term target.

    More Articles …

    1. Ghana inflation increases to 16.9 % in August
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    3. Ghana issues fifth Eurobond at 9.25%
    4. Ghana puts on hold 2016 Eurobond issue
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