Ghana to receive $1.32 billion from IMF, World Bank to fund 35% of budget deficit - Ato Forson

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world 9 months ago

you guys should not create your loot and share this time okay?

you guys should not create your loot and share this time okay?
Chop chop is in 9 months ago

Brilliant. Go for more support so that that rhe chopping will trickle down to the hungry foot soldiers.

Brilliant. Go for more support so that that rhe chopping will trickle down to the hungry foot soldiers.
Awuni Samba 9 months ago

All this is the hard work of the NPP. Well, keep thinking foolishly that it’s money you can collect and share some to foot soldiers to chop nyafunyafu. NDC de3 gyimie ne ns3m foo saaaaa. Mob3 ti mo masum sounds ni kom. Time ...
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All this is the hard work of the NPP. Well, keep thinking foolishly that it’s money you can collect and share some to foot soldiers to chop nyafunyafu. NDC de3 gyimie ne ns3m foo saaaaa. Mob3 ti mo masum sounds ni kom. Time will show you how ignorant and foolish you’ve been. Y3 wo Ghana ha. We go see.
Stones 9 months ago

Aye3ka ! We will never come out from this quagmire we find ourselves suck in anytime soon. While the likes of Burkina Faso is rejecting foreign loans from the world bank and IMF , Ghana arms are wide open and the IMF is ready ...
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Aye3ka ! We will never come out from this quagmire we find ourselves suck in anytime soon. While the likes of Burkina Faso is rejecting foreign loans from the world bank and IMF , Ghana arms are wide open and the IMF is ready to push anything filthy down in our throat. History has repeats itself time and again that, those who came to rule Ghana after Dr. Nkrumah are either misleaders , lazy thinkers or doesn’t think at all outside the box or simply stupid people who doesn’t know how to govern. We have been borrowing all these while of periods of time while our gold production kept going up from time to time but our debts kept rising but our misleaders won’t sit down or pipe down to think what we can do differently, a military man has a brain to import road construction machinery and equipment for his soldiers to construct the country’s infrastructure. What is Ghana military doing apart from beating us on the streets and foreign missions assignments? Every Ghanaian at the age of 18 with education qualifications or not should serve Ghana for 2 years , 1 year military training compulsory with building our road infrastructure and 1 year state agricultural training program to reclaimed our deplorable forest land and food production.
Kotipo 9 months ago

Who told you Burkina Faso is rejecting foreign loans from world bank and IMF? Stop getting your news from unverified social media sources. Burkina Faso negotiated a $32 million facility from IMF in November 2024.
Don’t ...
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Who told you Burkina Faso is rejecting foreign loans from world bank and IMF? Stop getting your news from unverified social media sources. Burkina Faso negotiated a $32 million facility from IMF in November 2024.
Don’t take my word for it, go to the IMF website for verification.
Okyere Kay 9 months ago

What is 32million dollars compared to 1.32billion dollars?Which one is easier to pay back?

What is 32million dollars compared to 1.32billion dollars?Which one is easier to pay back?
Kotipo 9 months ago

You probably lack comprehension skills. Nobody is comparing debt levels. I said it is untrue that Burkina Fasso had rejected loans from the IMF/World bank. Disprove what I said and don’t give me any rubbish about $1.32 bil ...
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You probably lack comprehension skills. Nobody is comparing debt levels. I said it is untrue that Burkina Fasso had rejected loans from the IMF/World bank. Disprove what I said and don’t give me any rubbish about $1.32 billion versus $32 million
Awuni Samba 9 months ago

Ignorant Social media boys with little knowledge and no common sense. What makes you empty barrels think Bourkina Faso can survive with loans and other assistance? It’s a smaller country and besides a military regime as wel ...
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Ignorant Social media boys with little knowledge and no common sense. What makes you empty barrels think Bourkina Faso can survive with loans and other assistance? It’s a smaller country and besides a military regime as well. Take it from here, it will come back to bite them. Forcing multinational companies to adopt unusual business practices has its own consequences. We live to see. Mo Gyimie ne nkwaseasem no a modi ti Ghana ha no.
Hustle lateef 9 months ago

Stop that nonsense slave mentality. Where did you get your information from? Burkina Faso had paid all their dept from imf. They don't need IMF to develop, Dependance cannot give you creative mindset.

Stop that nonsense slave mentality. Where did you get your information from? Burkina Faso had paid all their dept from imf. They don't need IMF to develop, Dependance cannot give you creative mindset.
Kotipo 9 months ago

Hopefully you know how to read and comprehend…….

IMF Reaches Staff-Level Agreement with Burkina Faso on the Second Review of the Extended Credit Facility
November 14, 2024

Press releases include statements of IMF ...
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Hopefully you know how to read and comprehend…….

IMF Reaches Staff-Level Agreement with Burkina Faso on the Second Review of the Extended Credit Facility
November 14, 2024

Press releases include statements of IMF staff teams that convey preliminary findings after meetings with the authorities of a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary conclusions of the meetings, staff will prepare a report that, subject to management approval, will be presented to the IMF's Executive Board for discussion and decision.
International Monetary Fund (IMF) staff and the Burkinabè authorities have reached a staff-level agreement on economic policies to conclude the second review of the Extended Credit Facility (ECF) arrangement. Once the review is approved by IMF Management and completed by the IMF Executive Board, Burkina Faso will have access to about US$ 32 million (SDR 24.1 million) in financing.

Felix 9 months ago

Stop this nonsense talk here. Burkina Faso hasn't gone to IMF for any loan. I'm unsure why you see taking any form of loan or grant from IMF is a good idea.

When I had hopes Ato Forson will make a difference, boom... He ...
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Stop this nonsense talk here. Burkina Faso hasn't gone to IMF for any loan. I'm unsure why you see taking any form of loan or grant from IMF is a good idea.

When I had hopes Ato Forson will make a difference, boom... He has opened his arms wide to accept IMF loan.
Kotipo 9 months ago

Nonsense talk huh……the only nonsense is what is in your juvenile head

IMF Reaches Staff-Level Agreement with Burkina Faso on the Second Review of the Extended Credit Facility
November 14, 2024

Press releases includ ...
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Nonsense talk huh……the only nonsense is what is in your juvenile head

IMF Reaches Staff-Level Agreement with Burkina Faso on the Second Review of the Extended Credit Facility
November 14, 2024

Press releases include statements of IMF staff teams that convey preliminary findings after meetings with the authorities of a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary conclusions of the meetings, staff will prepare a report that, subject to management approval, will be presented to the IMF's Executive Board for discussion and decision.
International Monetary Fund (IMF) staff and the Burkinabè authorities have reached a staff-level agreement on economic policies to conclude the second review of the Extended Credit Facility (ECF) arrangement. Once the review is approved by IMF Management and completed by the IMF Executive Board, Burkina Faso will have access to about US$ 32 million (SDR 24.1 million) in financing.
Emam 9 months ago

According to world bank Nothingt like DPO when it come's to credit status,but you mentioned something that which many Ghana8an's would be Wundring why running nation credit cheqks up doing with DPO

According to world bank Nothingt like DPO when it come's to credit status,but you mentioned something that which many Ghana8an's would be Wundring why running nation credit cheqks up doing with DPO
COD 9 months ago

We are back to the base with IMF & World Bank dictating our national affairs despite change in gov`t.
Ghanaians eking out their living in the fore corners of the globe were able to inject into our Ghanaian economy a reported ...
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We are back to the base with IMF & World Bank dictating our national affairs despite change in gov`t.
Ghanaians eking out their living in the fore corners of the globe were able to inject into our Ghanaian economy a reportedly $6billion only in the fiscal year 2024. If $6billion did not help, how much more paltry $.3billion?
So, this $1.3billion will not make any positive dent in our economy given the way President Mahama-led NDC administration is stepping out with IMF & World Bank, the two most international destructive financial institutions in the world.
No country on planet earth had ever seen better days, economically & financially, dealing with IMF & World Bank, yet, our successive governments keep going to them for some cash for our destruction.
Nzulu 9 months ago

A serious state is one that generates income through reasonable tax scheme. The sad thing is that the current government out of populism and the desperation to return to power foolishly promised to abort taxes which could hel ...
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A serious state is one that generates income through reasonable tax scheme. The sad thing is that the current government out of populism and the desperation to return to power foolishly promised to abort taxes which could help the state. Just after, they are now turning to the IMF to borrow more. Is this not foolishness?
Kojois 9 months ago

Sammy Gyamfi should read this and stop stupid attacked.

Sammy Gyamfi should read this and stop stupid attacked.
Hustle lateef 9 months ago

Incompetent leadership , still we are in IMPERIALISTS manipulation. IMF is the organization of IMPERIALISTS agenda to underdevelopment of Ghana. We will never claim sovereignty for Ghana dealing with the enemy imf.

Incompetent leadership , still we are in IMPERIALISTS manipulation. IMF is the organization of IMPERIALISTS agenda to underdevelopment of Ghana. We will never claim sovereignty for Ghana dealing with the enemy imf.
Who will purchase T bills whose rates are far below inflation? 9 months ago

People have started changing cedis into dollars to hide in their homes. Better increase the yield rate or a time will come you would not get money in t bills.

People have started changing cedis into dollars to hide in their homes. Better increase the yield rate or a time will come you would not get money in t bills.
Morons 9 months ago

If you guy are not mentally retarded, proceeds from Ghana gold alone should be able to cater for all the expenses Ghana incurs, but your corruption and stupidity allows the Chinese to steal a good chunk of Ghana gold with the ...
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If you guy are not mentally retarded, proceeds from Ghana gold alone should be able to cater for all the expenses Ghana incurs, but your corruption and stupidity allows the Chinese to steal a good chunk of Ghana gold with the connivance of lunatic Ghanaians.
Togo doesn't mine gold in their country, yet they export large amount of gold, mostly smuggled Ghana gold. Why can't Ghanaian authorities use their minds for the good of the country?
Hannan 9 months ago

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Concern citizen 9 months ago

May God help us from this Ajumako Beseadze businesses college accountant who no nothing about finance. Where did this criminal got his PHD degree from? In Ghana, any idiot can call himself PHD Dr.

May God help us from this Ajumako Beseadze businesses college accountant who no nothing about finance. Where did this criminal got his PHD degree from? In Ghana, any idiot can call himself PHD Dr.
Pouv 9 months ago

Same old SIHT. Still can't get anything done without the foreigner ( IMF & Others).

Same old SIHT. Still can't get anything done without the foreigner ( IMF & Others).
Citizen8 9 months ago

Is this the resetted Ghana? What's new? Dukadaya.

Is this the resetted Ghana? What's new? Dukadaya.
Tema port has been stolen yayayaya s3 Yaaya 9 months ago

World Bank are fools ooo

World Bank are fools ooo
Niibi 9 months ago

REALLY? WHY CAN'T WE DO WHAT BURKINA FASO IS DOING RATHER THAN THIS PERPETUAL LOAN, DEBT, REPAYMENT CYCLE.

OOOH MOTHER GHANA.

REALLY? WHY CAN'T WE DO WHAT BURKINA FASO IS DOING RATHER THAN THIS PERPETUAL LOAN, DEBT, REPAYMENT CYCLE.

OOOH MOTHER GHANA.
Gyakiti Mununkum 9 months ago

Too bad very sad that Ghana remains a SLAVE to IMF. Ahhhrrrrr

Too bad very sad that Ghana remains a SLAVE to IMF. Ahhhrrrrr
Tsotsoo 9 months ago

O God when will Ghana stop borrowing? When will Ghana be self sufficient in food production. Burkina Faso is just next door. Let us stop the galamsey and increase agriculture so we eat what we grow. Thank you.

O God when will Ghana stop borrowing? When will Ghana be self sufficient in food production. Burkina Faso is just next door. Let us stop the galamsey and increase agriculture so we eat what we grow. Thank you.
AG 8 months ago

This government cares about the citizens of this country. This money will be used to the benefit of the people.

This government cares about the citizens of this country. This money will be used to the benefit of the people.

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Ghana to receive $1.32 billion from IMF, World Bank to fund 35% of budget deficit - Ato Forson

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