IMF calls for public support amid debt reform measures

The International Monetary Fund (IMF) has urged Ghana and other nations implementing debt reforms to build public acceptance of energy subsidies and pension adjustments. The Fund noted that such reforms, despite their long-term benefits, often faced resistance from the public, civil society organisations, labour unions, and opposition groups. It recommended effective communication and stakeholder engagement,…

BoG Governor urges IMF to reform debt tools for Africa

By Joshua Worlasi AMLANU African central bank governors have urged the International Monetary Fund to overhaul its debt sustainability framework, saying the current model fails to reflect the continent’s unique economic vulnerabilities. The call came during the African Consultative Group Meeting held in Washington on Tuesday, April 22, where the Bank of Ghana Governor, Dr.…