imf

Ghana’s President seeks to renegotiate $3 Billion IMF Program

Ghana’s President seeks to renegotiate $3 Billion IMF Program

Ghana’s newly elected president, John Mahama, is setting the stage for a significant economic shift as he prepares to revisit… Read More

3 weeks ago

America Exit from IMF and World Bank Will Be Deal A Blow to U.S. Global Influence

What the world has learnt since President Donald Trump returned to the White House in January 2025 is that anything… Read More

3 weeks ago

Nigeria’s GDP per capita fell to $835 in 2025 – IMF

The International Monetary Fund reported that Nigeria's GDP per capita fell to $835.49 in 2025 from $877.07 in 2024, a… Read More

1 month ago

Ghana Resort to New Borrowing from IMF, World Bank and Others

In a significant move to address Ghana's ongoing economic challenges, Cassiel Ato Forson has been appointed as the new Finance… Read More

2 months ago

What Does Ghana’s $12 Billion Debt Exchange Savings Mean for it’s Economy?

The Ghanaian government announced the commencement of its domestic debt Exchange program On December 5 2022, as a means of… Read More

5 months ago

Why the IMF Reduced Nigeria’s GDP Growth Forecast to 2.9%

IMF’s economic growth projection dropping to 2.9% with the reduction in growth projection also evident across other African countries. As… Read More

5 months ago

Global Public Debt Expected to Surpass $100 Trillion: IMF Urges Stronger Fiscal Reforms

The International Monetary Fund (IMF) has projected that global public debt will exceed $100 trillion by the end of this… Read More

5 months ago

Ghana Exits Debt Default After Restructuring US Dollar Bonds

Ghana has successfully exited a debt default after completing a restructuring of its $13 billion U.S. dollar bonds. This allows… Read More

5 months ago

IMF Managing Director Kristalina Georgieva Begins Second Term

Kristalina Georgieva, The International Monetary Fund (IMF) Managing Director, has resumed her second 5-year term at the organisation. This extends… Read More

5 months ago

Top 10 Most Indebted Country to the IMF

In times of financial distress, the International Monetary Fund (IMF) is essential in keeping economies stable by providing vital assistance… Read More

6 months ago

Debt Servicing Accounted for $2.8 Billion of $4.36 Billion Foreign Payments in 2024

Nigeria is grappling with a severe economic strain as debt servicing costs account for a staggering 64% of its $4.36… Read More

7 months ago

China has waived the debt of some African countries. But it’s not about refinancing

In mid-August, China’s Ministry of Foreign Affairs surprised the world with a series of announcements. Wang Yi, Beijing’s most senior diplomat,… Read More

3 years ago