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US$1billion IMF Coronavirus loan disbursement to Ghana: The true picture of the economy

by;brightwebtv/nana asare barimah The announcement by the IMF Executive Board that US$1Billion loan under the RCF has been approved for Ghana is good news. However, this does not take away the fiscal, growth, debt management and international reserve realities for Ghana. The IMF as an international financial institution has provided …

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IMF gives Ghana US$1bn to fight COVID-19; ready to add more if need be

By:brightwebtv.com/nana asare barimah IMF Chief Kristalina Georgieva The Executive Board of the International Monetary Fund (IMF) on Monday, April 13, 2020, approved the disbursement of SDR 738 million (about US$1 billion) to be drawn under the Rapid Credit Facility (RCF) by the government of Ghana. It will help address the …

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Coronavirus: Kumasi Central Market closed, traders to go ‘double-track’

By:brightwebtv.com/nana asare barimah The Kumasi Metropolitan Security Council (METSEC) has ordered an interim closure of the Kumasi Central Market. The order which takes effects today, Tuesday, April 7, follows reports that traders have been “blatantly disregarding the WHO’s social distancing protocols in the wake of the Coronavirus pandemic“. The decision was reached …

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US$100m fund to fight COVID-19 ready, GHS1bn for SMEs – Ofori-Atta

By:brightwebtv.com/nana asare barimah Ken Ofori-Atta Finance Minister Ken Ofori-Atta says the US$100 million fund to fight the COVID-19 pandemic has been received and is available for disbursement in accordance with the public financial management procedures and rules. “Contrary to views of some sceptics that the money is not available, I …

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New directives to hotels, restaurants, pubs and drinking bars in partial lockdown areas

By:brightwebtv.com/nana asare barimah The Chief Executive Officer of Ghana Tourism Authority has issued new directives to hotels, restaurants, pubs and drinking bars in some areas in the partial lockdown areas. Akwasi Agyemang said all hotels can operate as normal and host their guests during the 14 days the Greater Accra …

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Coronavirus: Ghana Tourism Authority closes down beaches

By:brightwebtv.com/nana asare barimah File photo Listen to the Article The Ghana Tourism Authority has ordered all beaches to be closed to the public until further notice. The decision taken is on the back of President Nana Addo Dankwa Akufo-Addo‘s suspension of public gatherings to prevent the spread of the deadly Coronavirus in the …

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