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IMF Releases $360 Million to Ghana Following Second Review

The International Monetary Fund (IMF) Executive Board has completed the second review of Ghana’s 36-month Extended Credit Facility (ECF) Arrangement, approving an immediate disbursement of $360 million. This brings Ghana’s total disbursements under the ECF to approximately $1.6 billion. In a statement issued recently, the IMF acknowledged Ghana’s strong performance under the program, noting that…

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Ghana Secures Hosting Rights for 2026 African Athletics Championships

Ghana has been chosen to host the 2026 African Athletics Championships, emerging victorious over Botswana despite a last-minute bid. This decision was confirmed by the President of Ghana Athletics, Fuseini Bawa, following an emergency meeting of the Confederation of African Athletics (CAA) Council on June 22, 2024. Speaking to Graphic Online’s Rosalind K. Amoh, Bawa…

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World Bank Approves $250 Million Loan to Strengthen Ghana’s Financial Sector

The World Bank has approved a $250 million loan to support the stability of Ghana’s financial sector through a five-year project. Announced on May 30, 2024, the loan will be provided by the International Development Association (IDA), the World Bank’s arm dedicated to assisting low-income countries. This initiative aligns with Ghana’s Financial Sector Strengthening Strategy…

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Rising Incidence of Tattoos, Piercings, and Skin Bleaching Among Students Raises Concern for GES

The Ghana Education Service (GES) has voiced concerns about the increasing prevalence of tattoos, multiple piercings, and skin bleaching among students, considering it a troubling trend. They’re also worried about issues like teenage pregnancies and cohabitation, especially their negative impact on students’ education, particularly girls. During visits to various districts in the Central Region as…

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