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Ghana: Going to IMF Is Tragic Mistake - TUC
Ghanaian Times, 5 July 2022
The Trade Union Congress (TUC) has described government's decision to commence formal engagements with the International Monetary Fund (IMF) as "a tragic mistake and a sad one for… Read more »
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Ghanaian Times, 5 July 2022
The International Monetary Fund (IMF) officials will on Wednesday, July 6, 2022 officially kick-start negotiations with the government for an economic programme. Read more »
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Ghana: ICU Calls On Govt to Come Clear With Programme With IMF
Ghanaian Times, 5 July 2022
Government must come out clear on the type of programme it wants to pursue under the International Monetary Fund(IMF)programme, Mr Morgan Ayawine, General Secretary of the… Read more »
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Ghana: 4 Teacher Unions Down Tools Nationwide ... Declare Strike to Press Home Demand for Cola
Ghanaian Times, 5 July 2022
Four teacher unions have declared an indefinite nationwide strike over government's inability to grant them their 20 per cent Cost of Living Allowance (COLA). Read more »
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Ghana: Govt's Engagement With IMF Receives Mixed Reactions From Public
Ghanaian Times, 5 July 2022
The decision by government to engage with the International Monetary Fund (IMF) for a bailout since its announcement by President Nana Addo Dankwa Akufo-Addo has been greeted with… Read more »
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Ghana: Negotiate to Reduce IMF Austerity Measures
Ghanaian Times, 4 July 2022
The government has declared its decision to go to the International Monetary Fund (IMF) for a bailout and the IMF's Country Representative, Dr Albert Touna-Mama, has confirmed… Read more »
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Ghana: GPCC Condemns Arise Ghana Demo Violence
Ghanaian Times, 1 July 2022
The Ghana Pentecostal and Charismatic Council (GPCC) has condemned the clash and violence that characterised the rise Ghana demonstration,in Accra, last Tuesday, resulting in the… Read more »
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Africa: Africa and the Russia-Ukraine Conflict - Seizing the Opportunity in the Crisis
Africa Renewal, 30 June 2022
Invest now in green, inclusive and resilient economies for Africa to better weather the next crisis Read more »
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Ghana: TUC Warns of Imminent Industrial Action If...
Ghanaian Times, 1 July 2022
The Trades Union Congress (TUC) has warned of an imminent industrial action if the government fails to honour its request for Cost of Living Allowance (COLA) for public sector… Read more »
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Ghana: 2nd Arise Ghana Demo Ends Peacefully ... Protestors Present Petition to Parliament, Finance Ministry
Ghanaian Times, 30 June 2022
Arise Ghana protestors embarked on the second day of the 'Krom Ay3shi' demonstration to express their grievances about the harsh economic situation, in the country in Accra… Read more »
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Ghana: Mixed Reactions to Government Decision to Seek IMF Support
Ghanaian Times, 4 July 2022
Mixed reaction has greeted the decision by the government to seek an International Monetary Fund (IMF)programme to prop up the economy. Read more »
Ghana Opts for Austerity Measures, Citizens Take to Streets
The government has announced that it would approach the International Monetary Fund (IMF) for a bailout and the IMF's Country Representative, Dr Albert Touna-Mama, has confirmed receipt of the request to support the country's economic programme.
Meanwhile, Arise Ghana protestors embarked on the second day of the 'Krom Ay3shi' demonstration to express their grievances about the harsh economic situation, in the country in Accra Yesterday. Protesters wearing red and black, held placards with inscriptions such as "Songhor salt stolen forever; Russia-Ukraine war has nothing to do with the hikes, reduce fuel prices now!; We won't allow you to rob our future with this Agyapa deal; Job opportunities for all-scam; Repeal the obnoxious E-levy Act now."
Among the demands of the demonstrators as listed in the petition, were calls for the immediate withdrawal of the E-Levy Act, the scrapping of the Borla tax and the numerous taxes on fuel.
The E-Levy Act was passed by the government to impose a levy of 1.50% on electronic transfers at the time of transfer. This initiative was implemented to broaden the tax base in the country and generate revenue.
