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International Monetary Fund

The International Monetary Fund (IMF) has approved a $360 million loan to support Ghana’s economy. This loan is part of a larger $3 billion loan program that was approved in May 2023. The IMF’s decision to disburse the loan was made after Ghana completed its second review of the loan program, which showed that the […]

The International Monetary Fund (IMF) has warned that capping fuel prices and electricity tariffs below cost recovery could lead to a 3 per cent of GDP fiscal cost for Nigeria. The warning was contained in the report of the just-concluded Staff Article IV Consultations, which was issued by the Country Office in Abuja this morning. […]