Minister Kenneth Ofori-Atta, Chairman of the African Caucus, and Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), co-chaired the African Consultative Group meeting today at the IMF Headquarters. They issued the following statement after the conclusion of the Group’s meeting in Washington D.C.
April 2019 5-Year Treasury Bond Issuance Announcement
Book-build opens 9:00 AM, Wednesday April 17, 2019. Revised Pricing Guidance (released as necessary during the Book-build). Revised and Final Pricing Guidance (released as necessary during the Book-build). Books are expected to close around 2:00 PM on Thursday, April 18, 2019.
Ghana Economic Transformation Project
The Government of Ghana with the support of the World Bank, have developed the proposed Ghana Economic Transformation Project (GETP).
The Project seeks to promote and strengthen a growth model that is conducive to economic transformation to achieve higher rates of investment and productivity growth across the economy (especially in non-resource-based sectors), while also creating quality jobs and raising incomes.
Ghana is number one Fastest Growing Economy in Africa in 2019 – IMF
Ghana is expected to become the fastest growing-economy in sub-Saharan Africa with a GDP growth rate of 8.8% in 2019, according to International Monetary Fund’S (IMF) just-released 2019 GDP growth projections.
GoG, GoI and the Exim Bank of India sign Line of Credit for AMSCS Project and Upgrading of Potable Water System in Yendi
The Minister for Finance, Mr. Ken Ofori-Atta and High Commissioner of India to Ghana, H.E. Birender S. Yadav have signed a US$150.0M line of credit for Agricultural Mechanization Service Centre project and another US$30.0M for the supply of potable water system in Yendi.
2019 Annual Budget Funding Amount (ABFA)
As part of measures being put in place to improve the implementation of ABFA funded projects, the Ministry in 2019, engaged the MDAs to provide the utilization and the cash plan of their ABFA allocations in 2019 budget.