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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
The Finance Minister, Dr. Mohammed Amin Adam, is set to present the 2024 Mid-Year Budget review on Tuesday, July 23, 2024.
The upcoming Mid-Year Budget review is expected to detail the government’s economic policies for the remainder of the financial year.
Two weeks ago, the International Monetary Fund (IMF) completed the IMF Executive Board’s second review of Ghana’s $3 billion, 36-month Extended Credit Facility (ECF) Arrangement, which was initially approved in May 2023.
This review was a crucial checkpoint for Ghana, resulting in the immediate disbursement of approximately $360 million, bringing the total disbursements under the arrangement to about $1.6 billion.
Source: newsthemegh.com