The Africa Policy Lens is calling for an immediate forensic probe into the Ghana Gold Board following IMF disclosures that the country lost over $1.7 billion in domestic gold trading operations.
The International Monetary Fund has stated that the global economy is successfully weathering the energy market disruptions linked to the conflict in Iran. However, IMF leadership cautioned that significant fiscal pressures and rising sovereign debt risks remain ahead.
The United States is preparing to revoke up to 200,000 visas for asylum seekers, citing fraud claims, while simultaneously dealing with a deadly measles outbreak in the Northeast. This dual development highlights significant challenges in immigration and public health.
New rules tighten state purchasing protocols, though disagreements persist with the International Monetary Fund regarding direct contracts for public enterprises.
Uzbekistan and the International Monetary Fund held discussions in Tashkent on August 24, 2026, focusing on public financial management, fiscal risk assessment, and budget planning.
The International Monetary Fund's Resident Representative in Ghana, Dr. Adrian Alter, identified debt restructuring and structural reforms as crucial for Ghana's economic recovery under the Fund-supported program.
The International Monetary Fund advises corporate finance leaders to implement robust transparency and reporting measures for artificial intelligence systems to mitigate regulatory and operational risks.
Outgoing White House press secretary Karoline Leavitt is set to join a pro-Trump political organization. This move comes amidst ongoing discussions about Trump's economic policies and their global implications.
While many African countries have sought financial assistance from the International Monetary Fund (IMF), three nations stand out for never having drawn financial support from the institution.
The discussions between Senegal and the International Monetary Fund (IMF) have entered an important phase, with the IMF offering formal clarifications on the Senegalese case, including potential waivers, risks, and restructuring.
The Pakistani government has approved the export of 108,000 metric tons of sugar, a decision that risks price escalation domestically and could breach commitments made to the IMF.
The Wuxi Symphony Orchestra is highlighted as a cultural bridge where Western and Eastern musical traditions converge. Their performances showcase a unique blend of diverse influences.
A 'lymphatic walk,' described as a simple habit of walking at a conversational pace with good posture, is gaining popularity as a new wellness trend, offering benefits without requiring strenuous effort.
Pakistan's government has surpassed its primary surplus target set by the IMF, recording a Rs3.63 trillion surplus and narrowing the federal deficit to Rs4.8 trillion.
The Hamburg Regional Court has ruled that journalist Sascha Adamek is permitted to accuse the publicly funded NGO "Claim" of making exaggerated claims about anti-Muslim incidents. The NGO had taken legal action against Adamek, but the court sided with the journalist.
Pakistan's federal debt has climbed to Rs83.6 trillion, marking a 75% increase over the past four years despite higher taxes and multiple International Monetary Fund (IMF) programs.
The International Monetary Fund (IMF) has advised the Bank of Ghana (BoG) to exercise caution with further policy rate cuts, warning that easing could shift monetary policy from neutral to accommodative, which is not currently warranted.
Economist Prof. Godfred Bokpin has called for greater transparency on Ghana's electricity sector reforms, warning that persistent financial challenges and inefficiencies within the Electricity Company of Ghana (ECG) could lead the country back to the International Monetary Fund for financial intervention.
This article discusses the role of the IMF, arguing that it should not become a permanent fixture in a nation's economic health, drawing an analogy to a family living permanently in an emergency ward.
The Liepāja Symphony Orchestra musicians are embarking on their sixth annual musical journey through the South Kurzeme region with the 'Rimbenieks' festival, a recognized cultural event aiming to bring high-quality classical music to the area.
The International Monetary Fund has recommended that government board appointments for State-Owned Enterprises should be based solely on merit, also suggesting a strategic review of the SOE portfolio.
An IMF report has revealed that the Bank of Ghana incurred $1.7 billion in losses from its gold purchase program, a figure eight times higher than the previously reported $214 million. Gideon Boako has cited the report and questioned GoldBod about these significant losses.
According to an IMF Ghana Selected Issues Paper, Ghana lost an estimated US$11.4 billion in gold due to smuggling activities between 2019 and 2024. The report was prepared as background documentation for Ghana's 2026 Article IV Consultation.
The IMF acknowledged Ghana's significant progress towards macroeconomic stabilization and debt sustainability, attributing it to the ECF arrangement, while also highlighting persistent vulnerabilities.
The International Monetary Fund (IMF) has called on Guyana to resolve its cost-oil disputes with Exxon and strengthen oversight of the oil sector. This recommendation aims to improve financial transparency and management.
Francisco Carvalho has accused the previous Cape Verdean government of deceiving the IMF and producing falsified data, citing discrepancies in initial budget allocations.
In the final days of July, the Dubrovnik Symphony Orchestra held two concerts at the Dubrovnik Summer Festival, one dedicated to the 120th birth anniversary of Boris Papandopulo and the other featuring a premiere of a new Croatian work.
The International Monetary Fund (IMF) has recognized the corrective measures taken by the Bank of Ghana (BoG) to cease financing the government, following a temporary breach of lending limits.
Former Ghanaian Minister Andrew Egyapa Mercer credited the administration of former President Nana Addo Dankwa Akufo-Addo with laying the groundwork for Ghana's successful completion of its IMF recovery path.
The IMF has warned that the growing role of AI in finance could create systemic risks, urging regulators to reinforce governance frameworks for AI-related financial risks.
Farmers in Punjab are protesting the government's decision to import wheat, stating that their local crops remain unsold due to IMF reforms affecting government procurement.
Ukrainian forces concentrated strikes on Crimea, attacking a thermal power plant in Simferopol, which resulted in a fire. Military experts suggest Russia paid a high price for poor planning.
Busia Senator Omtatah, along with two activists, has filed a court challenge against the Bretton Woods Agreements Act, which grants immunity to the IMF and World Bank.
A think tank warns that Pakistan's economy is threatened by rebounding inflation and fiscal pressures, with increasing government borrowing crowding out private investment and requiring a policy shift from IMF-mandated stabilization.
Serbian President Aleksandar Vučić expressed hope that Serbia will rank among the top three European countries for economic growth this year, and potentially first next year, citing IMF forecasts.
Deadly violence has escalated in the West Bank, with clashes between Israeli settlers and Palestinians resulting in multiple fatalities and injuries. Following a deadly shooting and an attack on an off-duty soldier, Israeli forces conducted extensive operations, arresting over 70 terror suspects.
Turkey is reportedly developing an economic plan to capitalize on a potential war against Iran, which the IMF estimates has already caused $600 billion in damages to Iran and led to 7% job losses. This strategy aims to benefit from the economic fallout in the region.
A Russian ballistic missile strike on a private training ground near Kyiv, where a defense event was taking place, resulted in 10 deaths and approximately 100 injuries. Ukraine has launched an investigation into the deadly attack.
Ghana's Finance Minister, Ato Forson, defended the government's adherence to IMF program targets and emphasized the need for fiscal discipline to prevent economic collapse. He also announced that the Women's Development Bank is set to begin operations before the end of 2026.
Kenneth Rogoff, former chief economist of the IMF, expressed pessimism about the ongoing conflict, describing it as 'senseless and without exit' and predicting a prolonged crisis due to the deep animosity between the warring parties.
Pakistan's Finance Minister met with International Monetary Fund (IMF) officials to review the country's macroeconomic performance and progress on reforms. The minister reaffirmed the government's commitment to economic transformation.
The Majority in Ghana's Parliament has rejected claims by the opposition NPP that the government's fiscal gains are solely due to expenditure cuts, asserting that improving economic indicators are backed by the IMF.
French Prime Minister Lecornu has acknowledged that the country's debt situation is 'worrying and even serious,' with the IMF and OECD also raising alarms about public finances.
Ghana's Mahama administration is seeking parliamentary approval for nearly $1 billion in fresh loans, just nine weeks after the country exited its International Monetary Fund (IMF) Extended Credit Facility (ECF) programme, prompting questions about its fiscal strategy.
The International Monetary Fund (IMF) projects that artificial intelligence could add 4% to the GDP of Nigeria and Sub-Saharan Africa, provided there are significant improvements in power and internet infrastructure. This highlights the potential for AI to drive economic growth in the region.
The International Monetary Fund has identified rising oil prices and a weak monsoon season as the biggest risks to India's projected GDP growth for fiscal year 2027.
The death toll from the recent earthquake in Venezuela has surpassed 5,000, with thousands more displaced and 50,000 still missing. In response to the disaster, the International Monetary Fund has released emergency aid to the affected nation.
Bangladesh's finance minister stated that reforms under the International Monetary Fund (IMF) program will be implemented in phases. This aims to ensure a smooth transition and effective execution of the economic adjustments.
Nigerian TV personality Rufai Oseni of Arise TV expressed distress over Nigeria's economic state, lamenting its transformation from a nation capable of funding the World Bank and IMF to one of the world's most persistent borrowers.
Chinese President Xi Jinping advocated for an open and fair global AI governance system, emphasizing that no single country should dominate the technology. He also called for international cooperation and support for developing nations in the AI sector, implicitly challenging US leadership and restrictions on China's tech access.
The International Monetary Fund (IMF) has announced upcoming talks with Bangladesh regarding a new programme, while also forecasting a slowdown in the country's economic growth.
Suceava is set to host the highly anticipated 'Autumn Symphonies' cultural event, featuring a performance by Angela Gheorghiu, marking a historic 13th edition of cultural excellence in Bucovina.
A new biography titled 'Zvaigžņu ielas simfonija' has been published to celebrate the 85th birthday of Latvian composer Imants Kalniņš. The book, authored by Linda Apse, covers his creative life.
The International Monetary Fund (IMF) has issued a warning to European nations regarding the potentially 'explosive' development of their national debts, urging them to implement reforms without delay.
Reports from the International Monetary Fund are frequently perceived by governments, analysts, and citizens as urgent warnings regarding fiscal discipline.
International Monetary Fund Managing Director Kristalina Georgieva stated that the global economy is successfully navigating recent energy market disruptions. However, she cautioned that persistent fiscal pressures and geopolitical instability continue to threaten long-term growth.
The Orchestre Français des Jeunes will perform for the first time in Lithuania on August 29 at the Klaipėda State Music Theatre, showcasing top European young musicians.
A community-led project aims to transform Richard Baloyi Street in Alexandra into a vibrant cultural precinct, fostering local art and economic opportunity.
International Monetary Fund Managing Director Kristalina Georgieva warned of mounting fiscal pressures globally while analyzing how economies have managed the energy shocks linked to the Strait of Hormuz.
Ghana is concluding its current International Monetary Fund arrangement and shifting toward a long-term policy partnership aimed at stabilizing and restructuring its economy.
The International Monetary Fund (IMF) has called for improved governance and transparency in Ghana’s Domestic Gold Purchase Programme (DGPP), citing concerns that its financial costs contribute to pressure on the Bank of Ghana’s balance sheet.
Economist Mazarei, former IMF deputy director for the Middle East, states that US sanctions against Iran are a fragile plan, predicting that China and Russia will not cooperate. He believes the Iranian regime will resist, and only the people will suffer.
An IMF First Deputy Managing Director has warned that the increasing use of stablecoins could facilitate access to foreign currencies in emerging markets, potentially speeding up dollarisation and creating new challenges for policymakers.
Two high school students in Potsdam have left their gymnasium after allegedly taking secret intimate photos of female classmates, prompting the school to address the incident.
Tanzania's Finance Minister has met with the new International Monetary Fund (IMF) representative to discuss post-programme economic priorities. The discussions focus on the country's financial stability and development goals.
More than 15 explosions were reported in Simferopol, with flashes seen near the Tavriyskaya Thermal Power Plant, leading to power outages across several cities in occupied Crimea.
An official from the International Monetary Fund (IMF), Silvana Tenreyro, has cautioned that the productivity gains from artificial intelligence may not necessarily lead to a reduction in inflation.
Presidential aide Dr. Sammy Ayeh has accused Ghana's New Patriotic Party (NPP) of being mischievous in their interpretation of IMF findings regarding losses in the country's domestic gold purchasing program.
New Zealand's a2 Milk company announced a 44% decline in its full-year profit, primarily attributed to weaker sales of its China-label infant formula and broader supply disruptions in the Chinese market, leading to a tumble in its stock.
The International Monetary Fund (IMF) has commended Greece for its macroeconomic stabilization efforts, highlighting tax consistency as a crucial element in the country's progress.
Ukrainian President Volodymyr Zelenskyy is reportedly growing increasingly dissatisfied with the country's Central Bank Governor, Andriy Pyshnyy, believing he maintains excessively close ties with the International Monetary Fund.
A former Ukrainian submarine commander who defected to Russia was killed in an explosion in Sevastopol, with unconfirmed reports identifying the victim as a Russian serviceman. This incident follows other Ukrainian military actions, including the destruction of a Russian command post and claims of damaging air defense systems in Crimea.
Minouche Shafik, former Bank of England deputy governor and IMF director, has stepped down from her role as chief economic advisor to the British prime minister.
Donald Trump signed an order to reduce recommended childhood vaccinations, drawing strong criticism from health experts who deem the move dangerous and not based on scientific evidence. This decision was made amidst other unrelated news about Trump's activities.
The CEO of GoldBod, Sammy Gyamfi, clarified GoldBod's role in Ghana's gold market, stating it is now responsible for buying and selling gold and has cut price discounts. He also addressed concerns about the Domestic Gold Purchase Programme and denied any losses or involvement of his bodyguards in gold trading.
US firms are expressing support for the 80/20 Export Processing Zone (EPZ) rule, warning that IMF curbs on the 20% local market sales limit could negatively impact the global circular economy.
The International Monetary Fund has cautioned Ghana about its high financing needs, citing a heavy reliance on treasury bills and significant rollover requirements in 2027-28, according to its Country Report.
Dan Katz, First Deputy Managing Director at the International Monetary Fund, discussed the Bank of Japan's potential steps to aid the country's currency and assessed its future monetary policy path.
The International Monetary Fund (IMF) has urged the Bank of Ghana to cease its quasi-fiscal activities following reported losses of GH¢22 billion from its Domestic Gold Purchase Programme (DGPP). An MP from Sagnarigu stated that these losses were necessary for economic recovery.
The International Monetary Fund has disclosed that the Bank of Ghana sold $12.9 billion on the foreign exchange market in the year to end-May 2026, about $1.1 billion a month, laying bare the scale…
The International Monetary Fund (IMF) has cautioned the Ghanaian government that its recent fuel subsidy measures must remain temporary and carefully targeted to prevent undermining the country's fiscal gains.
The International Monetary Fund (IMF) has projected that Ghana will achieve its debt anchor by 2034, supported by robust safeguards within the staff's fiscal space framework.
Kojo Oppong Nkrumah, Ranking Member on Parliament’s Economy and Development Committee, has called on the government to brief Parliament on the International Monetary Fund’s (IMF) Policy Coordination Instrument.
Economist Professor Godfred Alufar Bokpin states that Ghana's International Monetary Fund (IMF)-backed reforms have not delivered the anticipated structural improvements in domestic revenue collection. This assessment suggests the reforms are failing their intended purpose.
A Ghanaian MP has criticized the government's economic management, stating that the completion of Ghana’s program with the International Monetary Fund has again exposed the country's economic challenges.
The International Monetary Fund (IMF) has approved Argentina's economic direction under President Javier Milei, with the IMF director stating during her visit to Buenos Aires that the country does not require additional financing, despite remaining the largest debtor to the organization.
Egypt has unlocked approximately $1.8 billion in financing from the International Monetary Fund after successfully completing the penultimate review of its expanded program.
Albanian politicians are raising concerns and questioning the proposed opening of a Serbian consulate in Shkodër. Critics argue against the move, citing a lack of apology for past genocides against Albanians and questioning the principle of reciprocity without equality.
Delcy Rodríguez is in discussions with the International Monetary Fund to secure financing for Venezuela's 'Venezuela Renasce' recovery plan, announcing access to $346 million from the fund.
Pakistan's power sector circular debt increased by Rs61bn in the last fiscal year, reaching approximately Rs1.67tr and breaching the IMF funding program's cap of Rs1.61tr.
Hopes for de-escalation in US-Iran hostilities have increased following reports of ongoing talks and a meeting between Israeli Prime Minister Netanyahu and President Trump, where Iran was a primary agenda item, leading to a drop in oil prices.
The IMF Board has completed its sixth and final review of Ghana's ECF program, approving the country's final program review. This decision clears the way for the disbursement of over $300 million to Ghana, with the PCI described as an anchor to the reform agenda.
The National Philharmonic's new season will open with a previously unplayed 1957 symphony and a Bartók piece discovered after his death, with conductor János Kovács also leading an oratorio by a composer deemed reactionary during the Rákosi era.
The International Monetary Fund has called on central banks and financial regulators to enhance governance frameworks for Artificial Intelligence. This recommendation aims to mitigate financial risks associated with the rapid adoption of AI technology.
The International Monetary Fund (IMF) has cautioned that the rapid development of tokenized finance could either strengthen the global financial system or introduce new instabilities, depending on policy decisions.
Dr. Gideon Boako, MP for Tano North, has challenged claims by Ghana's Finance Minister, Dr. Cassiel Ato Forson, that recent economic gains are solely due to superior economic management, attributing the recovery instead to an IMF program.
The International Monetary Fund (IMF) has issued a warning to Italy, urging targeted and temporary measures to counter the economic effects of the Gulf crisis, noting the country's reduced but still high public debt and 2.9% inflation.
Ghana is transitioning from an IMF-supported Extended Credit Facility Programme to a 36-month Policy Coordination Instrument to consolidate macroeconomic reforms and stability.
The International Monetary Fund (IMF) has stated that the impact of US tariffs on Brazil will be 'modest,' noting that the US accounts for only 11% of Brazilian exports and many products are exempt.
Ukraine has received an additional $690 million tranche from the International Monetary Fund (IMF). This funding provides further financial support to the country.
Unique fossil dunes found in Limfjorden, Denmark, are being considered for inclusion on UNESCO's World Heritage List, potentially adding another natural site to Denmark's heritage.
S&P Global Ratings has upgraded Pakistan's sovereign credit rating to 'B', citing improved institutional stability and progress in implementing economic reforms under the IMF program.
The International Monetary Fund (IMF) reports that Artificial Intelligence has the potential to increase Nigeria’s GDP by 4% over the next decade, provided there is strategic investment in digital infrastructure, skills development, and governance.
FIFA has launched an investigation into Argentina following clashes during the World Cup final. This comes amidst various other news surrounding the event, including security efforts, catering, attendance records, and player reactions.
Ukraine has received an additional $690 million from the IMF following a review, bringing the total amount disbursed under the IMF loan program to $2.2 billion.
Ukraine's finance minister stated that the country continues to fulfill its commitments to the International Monetary Fund, despite facing an extremely challenging security and economic environment.
The International Monetary Fund's extensive reports on the global economy for the past and current year highlight several common denominators, noting that robots have the best chance of surviving Trump's impact. The reports identify major sources of global economic shocks.
Economist Gita Gopinath highlighted a new IMF study indicating that US tariffs have led to Americans paying more for lower quality imports, concluding there is 'no good news' from the findings.
The death toll from recent earthquakes in Venezuela has surpassed 5,000, with thousands more reported missing and homeless. In response to the disaster, the International Monetary Fund (IMF) has approved $346 million in recovery funds for the country.
Andy Burnham has been elected as the new leader of the Labour Party, with many articles speculating on his potential to become the next Prime Minister. He has vowed to bring back hope and set a new direction for the UK, emphasizing social justice.
Ukraine's newly-appointed Prime Minister Serhii Koretskyi has made his first international call to the International Monetary Fund, following his appointment to lead the new government tasked with preparing the country for winter and stabilizing the energy grid.
Former IMF chief economist Olivier Blanchard has stated that France's budget process is flawed, increasing the risk of a debt crisis, and proposed six principles for its modernization.
The International Monetary Fund (IMF) has issued a warning that the global oil market faces significant risks as critical shock absorbers are rapidly diminishing following recent conflicts in the Middle East.
The Lithuanian Symphonic Wind Orchestra (LSPO) triumphed in the professional category at the 138th International Wind Orchestra Competition 'Certamen Internacional de Bandas de Música Ciudad de València' in Spain on July 15.
The IMF has warned that European governments face an unprecedented financing challenge due to increasing spending demands related to ageing populations, the energy transition, and defence, which threaten to strain public finances.
The International Monetary Fund (IMF) has warned that the dynamics of public debt in Europe could spiral out of control if governments do not take immediate and comprehensive measures to stabilize public finances.
A former IMF adviser suggests that Plaza Accord-style exchange-rate coordination is currently unfeasible, despite rising concerns over the dollar-centric monetary system, as central banks prioritize domestic objectives.
The fund’s leader cautioned that worldwide growth remains fragile due to overlapping geopolitical and financial crises, even as artificial intelligence presents potential productivity gains.
The International Monetary Fund (IMF) office in Serbia assessed that inflation is under control and that it does not see major problems due to the deficit expansion that could strongly affect price growth,...
International Monetary Fund Managing Director Kristalina Georgieva cautioned that rising fiscal burdens and slowing inflation momentum threaten the global economy, even as artificial intelligence helps sustain growth.
Addressing mounting global economic pressures, the IMF managing director urged governments to manage growing fiscal deficits while central banks maintain focus on reducing inflation.
Ghana transitions from an International Monetary Fund program to a new policy partnership, with empirical data showing substantial progress in its financial landscape despite ongoing political debates.
The International Monetary Fund (IMF) has advised Ghana to prioritize rebuilding investor confidence and improving its credit rating before attempting to borrow again from international capital markets.
In Pakistan, Rs911 billion in assets have been transferred as part of the DISCO restructuring, with bidders for FESCO, GEPCO, and IESCO set to inherit Rs648 billion in liabilities, potentially violating an IMF condition.
A memorandum signed by US President Donald Trump encourages government collaboration with the private sector to build numerous rocket launch pads. This initiative aims to enable private space companies to launch significantly more rockets.
Donald Trump announced a temporary suspension of tariffs on certain beef imports and declared economic warfare on Iran, threatening the toughest sanctions yet. This comes as the US and Canada near a final trade deal and other news includes military exercises and space exploration ambitions.
The Pakistani government has partially met 19 actions set by the International Monetary Fund (IMF), though three key reforms are delayed as procurement rules await cabinet approval.
Ghanaian politicians and experts are defending GoldBod against accusations that it caused the Bank of Ghana's $1.7 billion loss, challenging claims made in an IMF report. They argue that the losses were necessary for GoldBod to compete in the gold market and stabilize the economy.
Scientists at the Tanegashima Space Center in southern Japan are actively preparing a mission to the moons of Mars, hoping to collect samples that could provide clues about the origin of the solar system and life on Earth.
Ghanaian politician Afenyo-Markin has voiced serious concerns about the GoldBod initiative, citing an IMF report that indicates $1.7 billion in losses and labeling it a potential major scandal.
An Associate Professor of Development Economics at the University of Ghana, Prof Ebo Turkson, has rejected claims that the Ghana Gold Board (GoldBod) incurred a US$1.7 billion loss, stating the figure cited by the IMF relates to other matters.
The 28th "Curonian Spit" chamber music festival will conclude on August 14 with a special concert dedicated to Wolfgang Amadeus Mozart's 270th birth anniversary, featuring works by Mozart, Ludwig van Beethoven, and other composers.
The 28th 'Curonian Spit' Chamber Music Festival will conclude on August 14th with a special concert featuring works by Mozart, Beethoven, Dārziņš, and Cuong, dedicated to Wolfgang Amadeus Mozart's 270th birth anniversary.
Sri Lanka is actively working to reduce its dependence on foreign borrowing and short-term bills. The nation aims to raise more money domestically through longer-term bonds, making its debt more sustainable under an International Monetary Fund program.
A gala sevdah concert featuring 12 soloists and a symphony orchestra will be held on August 29 at the Bosnian National Theater in Zenica, organized by the Government of ZDK, to mark Zenica-Doboj Canton Day.
The International Monetary Fund has called on Ghana to continue its quarterly adjustments of electricity tariffs to mitigate fiscal risks within the nation's energy sector.
The International Monetary Fund (IMF) cautioned Ghana over its energy sector, noting that despite progress in reducing energy debt, the sector's shortfall remains substantial, estimated at US$1.1 billion in 2026.
Professor Bokpin warns that IMF-backed reforms in Ghana must specifically target the nation's persistent energy crisis and improve policy coordination within state-owned enterprises like ECG.
The International Monetary Fund (IMF) has upgraded Ghana's risk of debt distress to moderate, attributing the improvement to continuing macroeconomic and exchange rate stability and a clearer fiscal outlook, as stated in its Country Report on Ghana.
Magyar Péter has dismissed Márton Nagy from his position at the International Monetary Fund (IMF) and appointed András Kármán as the new deputy governor representing Hungary. This move signifies a change in Hungary's representation within the international financial institution.
Ghana’s central bank incurred losses of 22 billion cedis ($1.9 billion) in 2025 under a domestic gold purchase program aimed at boosting the country’s foreign-exchange reserves.
The International Monetary Fund (IMF) supports a more flexible fiscal approach for Ghana from 2027, allowing for increased development spending while still meeting long-term debt reduction goals.
Dr. Gideon Boako, Deputy Ranking Member of Parliament’s Finance Committee, invoked the International Monetary Fund’s (IMF) latest assessment of Ghana’s economy to press the government on the need for reforms, stating that 'stability is not development'.
Youth unemployment in Ghana continues to be stubbornly high at approximately 30%, while the World Bank estimates poverty (measured at $3 a day) modestly declined to 37.1% in 2025, reflecting disinflation and growth in agriculture and services.
The government has announced a new plan aimed at achieving 90% clean electricity, though a minister noted that IMF restrictions are hindering the implementation of flexible power tariffs.
Gideon Boako has questioned the government's claims of economic resilience following Ghana's exit from the IMF program, arguing that fiscal consolidation measures have suppressed development. He highlighted concerns about the impact on the nation's economic growth.
Ukraine launched drone attacks on multiple Russian targets, including a Wildberries warehouse in the Vladimir region and a technological university, while Russia simultaneously attacked energy infrastructure in six Ukrainian regions. These strikes resulted in casualties and widespread power outages.
The International Monetary Fund (IMF) has urged Pakistani provinces to increase their tax revenue by Rs430 billion, with each province contributing according to its respective share under the NFC Award.
A high-level delegation from the International Monetary Fund is visiting Venezuela for the first time in over two decades, as the government seeks to normalize relations with multilateral lenders.
The International Monetary Fund (IMF) predicts that Macau's economic growth will decelerate further to 3.3%, with a recovery in investment expected to offset the slowdown.
A humanitarian foundation in Serbia is raising funds for eight-year-old Sofija Stikić, who has been diagnosed with malignant lymphoma and requires a stem cell transplant.
Ghana has successfully completed its Extended Credit Facility (ECF) program with the IMF, a move the Finance Ministry states reflects significant progress in ensuring economic stability. The IMF described Ghana's program as broadly satisfactory.
At least 56 Crimeans are reportedly being held incommunicado by Russian authorities in Detention Center No. 2 in Simferopol, with 20 separate cells used for complete isolation.
IMF head Kristalina Georgieva held a press conference with Economy Minister Caputo in Argentina, stating that the IMF does not foresee the need for additional funding for the country.
The International Monetary Fund's Executive Board is expected to meet today to consider and approve Ghana’s sixth and final review under the Extended Credit Facility programme.
MIT professor and Nobel laureate Simon Johnson discusses the global AI race and China's 'over-automation' problem, drawing on his expertise as a former chief economist of the IMF.
Various political and economic topics are being discussed across Europe, including potential full-scale conflict with Iran, calls for resistance from Hungarian leaders, and debates on EU regulations for online marketplaces and Ukraine's accession.
A documentary film titled 'Spomenik' (Monument) explores reflective metal surfaces that resemble a spaceship wreck in indifferent forests, finding the central axis of the film in the rift between revolutionary ambition and contemporary ruin.
The International Monetary Fund (IMF) has commended Italy's progress on fiscal consolidation but urged the country to accelerate its efforts. The IMF's assessment highlights both achievements and areas for further improvement in Italy's economic policies.
Nobel laureate Simon Johnson, a professor at MIT and former IMF chief economist, shared his perspectives on anti-China and anti-science sentiments in the US, as well as the potential risks associated with artificial intelligence.
Ghana is on track to exit its IMF bailout program next week, with Finance Minister Ato Forson crediting the country's economic recovery to superior economic management and the achievement of fiscal targets. The IMF Executive Board is expected to approve Ghana's final review soon.
Historical data suggests that social unrest and protests can significantly disrupt economic activity by negatively affecting consumer confidence, business sentiment, and investor behavior, according to the IMF.
Pakistan's Finance Minister has requested $10 billion from Scott Bessent for a "currency stabilization mechanism" to alleviate pressure from the IMF, following Pakistan's role in mediating negotiations.
The cantons of Basel-Stadt and Basel-Landschaft are warning holiday returnees to thoroughly check their luggage and cars for the invasive Japanese beetle. The beetle is currently in its main flight period, posing a risk of being brought into Switzerland.
S&P Global Ratings has upgraded Pakistan's sovereign credit rating to 'B' from 'B-', marking its highest level in eight years, citing stronger institutional capacity and sustained implementation of IMF reforms.
The Ghanaian government is facing criticism for resorting to borrowing too soon after its IMF program, particularly to fund initiatives like Free SHS. Critics argue this sends a wrong signal about fiscal management.
The International Monetary Fund (IMF) is set to disburse approximately $690 million to Ukraine in the coming days. This loan will provide crucial financial support to the country.
Barry Eichengreen, a professor of economics and political science at UC Berkeley and former IMF senior policy advisor, provides a commentary on the financial implications and market security of radical new technological advancements.
Large technology firms are increasingly encroaching on traditional banking, prompting the International Monetary Fund (IMF) to demand a comprehensive overhaul of how these conglomerates are policed…
A panel is set to select a senior adviser for a Washington-based post at the International Monetary Fund, with three joint secretaries already shortlisted for the position.
The International Monetary Fund (IMF) has concluded that Latvia needs to increase its budget revenues in the coming years, as reducing state spending alone will not be sufficient.
The Serbian government has engaged an external consulting firm, Ernst & Young, to conduct a detailed analysis of Belgrade's city finances by September, fulfilling a commitment made to the International Monetary Fund (IMF).
The International Monetary Fund (IMF) has cautioned Andy Burnham, the Mayor of Greater Manchester, against increasing public spending. The IMF advises that such hikes would be unaffordable.
Forty years after Nigeria adopted the IMF-induced Structural Adjustment Programme (SAP), leading economists and civil society leaders criticize the privatization of government services, arguing that the country is still pursuing the wrong solutions.
An article discusses the transparency challenges facing Nigeria's current budget, drawing parallels to the legacy of human rights lawyer Gani Fawehinmi. It examines the roles of the IMF and President Tinubu in this context.
The International Monetary Fund (IMF) has cautioned that the global economy could face a sharp slowdown by 2026 and a new wave of inflation if a war against Iran disrupts energy supply chains and raises commodity prices.