Background
trending_flat
Mahama to IMF and World Bank: Stay Out of Ghana’s Anti-LGBTQ Debate

In a recent Bloomberg interview, former President John Dramani Mahama urged multilateral institutions like the World Bank and the International Monetary Fund (IMF) to refrain from influencing Ghana’s domestic policies, particularly when it comes to the controversial anti-LGBTQ+ legislation currently under discussion in parliament. Mahama argued that these institutions should focus on their economic mandates and not impose cultural values on Ghana.Mahama’s comments came as speculation grew that the World Bank and IMF might withdraw financial support if Ghana proceeds with the anti-LGBTQ+ bill. Despite potential financial consequences, Mahama maintained that these institutions should not dictate cultural matters, emphasizing the diversity of cultures around the world.While Ghana’s parliament is considering a revised version of the anti-LGBTQ+ bill, Mahama advocated for broader stakeholder consultations to ensure inclusivity in decision-making. He also emphasized that promoting family values should be done through education, […]

trending_flat
IMF Projects Ghana’s Debt to GDP Ratio Will Reach 83% by end of 2024

The International Monetary Fund (IMF) has projected that Ghana's debt-to-GDP ratio will climb to 83% by the end of 2024, as detailed in its October 2024 fiscal monitor report during the ongoing IMF annual meetings in Washington, D.C. Currently, Ghana's debt stock exceeds GHS 760 million, equating to approximately 75% of GDP.Despite this increase, the IMF forecasts a steady decline in the debt-to-GDP ratio over the next five years, predicting it will drop to 69.7% by 2029. This optimistic outlook is based on anticipated improvements in Ghana's fiscal indicators.In addition to the debt projections, the IMF has maintained its economic growth forecast for Ghana at 3.1% for 2024, which aligns with the government’s end-year target. IMF Chief Economist Pierre-Olivier Gourinchas emphasized the importance of a “triple pivot” strategy—comprising easing monetary policy, rebuilding fiscal reserves, and implementing structural reforms—to ensure sustainable […]

About Typify

Typify: A sleek WordPress theme for bloggers. With its clean design, customizable layout, and typography options, it’s perfect for showcasing your content beautifully.

Lorem ipsum dolor sit amet, consectet adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore. Lorem ipsum dolor sit amet, consectet adipiscing elit.

Copyright 2099 Magazine.com. Lorem ipsum dolor sit amet.

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation