{"id":1259470,"date":"2022-11-29T06:33:36","date_gmt":"2022-11-29T06:33:36","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/11\/29\/imf-deal-likely-to-give-ghana-3bn-governor-addison\/"},"modified":"2022-11-29T06:33:36","modified_gmt":"2022-11-29T06:33:36","slug":"imf-deal-likely-to-give-ghana-3bn-governor-addison","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/11\/29\/imf-deal-likely-to-give-ghana-3bn-governor-addison\/","title":{"rendered":"IMF deal likely to give Ghana $3bn &#8211; Governor Addison"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"389\"  alt=\"\" title=\"7830021306564e64bfd192159ce734dc.jpeg\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/11\/7830021306564e64bfd192159ce734dc-696x389.jpeg\" data- class=\"entry-thumb td-modal-image lazyload\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"389\" class=\"entry-thumb td-modal-image\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/11\/7830021306564e64bfd192159ce734dc-696x389.jpeg\"   alt=\"\" title=\"7830021306564e64bfd192159ce734dc.jpeg\"\/><\/noscript><\/div>\n<p><strong>Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said the negotiations with the International Monetary Fund (IMF) is likely to give Ghana $3 billion over a 3-year period.<\/strong><\/p>\n<p>He said this while answering questions at the Monetary Policy Committee (MPC) press conference in Accra on Monday, November 28.<\/p>\n<p>Ghana is currently seeking a programme with the Fund.<\/p>\n<p>Government officials including the Finance Minister Ken Ofori-Atta have indicated that the negotiations are going smoothly.<\/p>\n<p>During the MPC press conference, Dr Addison announced that the policy rate has been increased to 27%.<\/p>\n<p>He also indicated that inflation has remained elevated.<\/p>\n<p>This is driven largely by food pricing pressure and also the decline in the Cedi strength.<\/p>\n<p>Consumer confidence dipped on account of rising inflation, he added.<\/p>\n<p>Regarding the banking industry, he said the sector remained profitable.<\/p>\n<p><strong>By Laud Nartey\/3news.com\/Ghana<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said the negotiations with the International Monetary Fund (IMF) is likely to give Ghana $3 billion over a 3-year period. He said this while answering questions at the Monetary Policy Committee (MPC) press conference in Accra on Monday, November 28. Ghana is currently seeking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1259471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[7083,15088,807,85,495,2879,3074],"class_list":["post-1259470","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-3bn","tag-addison","tag-deal","tag-ghana","tag-give","tag-governor","tag-imf"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1259470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1259470"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1259470\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1259470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1259470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1259470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}