In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge: a US administration fundamentally opposed to some of its most important positions. With the Fund’s 189 members due to stage a semi-annual meeting in Washington this week, there has been no … Read more
So every country manipulates their currencies either by easing and tightening interest rates or using stimulus to boast the market. Regulators have fined some of the financial institutions engineering bank and exchange rates. Both European and American regulators have come out to expose these deals because there were inside information that gives the well-connected an … Read more
The flag bearer of the Progressive People’s Party (PPP) Dr. Papa Kwesi Nduom has condemned the current and previous governments for resorting to the Bretton Woods institutions to cushion the economy. According to Dr. Nduom, Ghana does not need the International Monetary Fund (IMF) or the World Bank before it can thrive. “We do not … Read more
Ghana does not need the International Monetary Fund (IMF) for economic success and a Progressive People’s Party (PPP) administration will cause a turnaround in the country’s economy without the assistance of such multinational institutions, the flag bearer of the party, Dr Papa Kwesi Nduom, has assured. Dr Nduom, who was answering a question posed to … Read more