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Ghana and the IMF have struck a deal, but hard choices lie ahead

In From Other Parts by Michael Rae

In mid-May 2023 the International Monetary Fund (IMF) finally approved a US$3 billion 36-month arrangement with Ghana. It immediately disbursed the first tranche of US$600 million. This is the second time in the past eight years that the country has approached the IMF. And it’s the 17th time since independence in 1957 Go to IMANI, Ghana for more detail!

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IMANI’s Bright Simons speaks to the BBC as Ghana receives $3bn IMF bailout

In From Other Parts by Michael Rae

Ghana has just signed a new bailout programme with the International Monetary Fund (IMF) worth $3bn (£2.4bn). Ghana, long seen as one of Africa’s best run countries, has been struggling to recover from the combined effects of the global Covid pandemic and the war in Ukraine. IMANI’s Bright Simons speaks Go to IMANI, Ghana for more detail!

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Video: Securing Climate Finance in the Current Fiscal Crisis

In From Other Parts by Michael Rae

Ghana’s economy is highly vulnerable to climate change and its resulting impacts on sustainable development and inclusive growth. In the past two decades, carbon emissions have doubled, leading to high levels of food insecurity and the prevalence of extreme weather events, such as flooding. As a result, approximately 10% of Go to IMANI, Ghana for more detail!

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Slides: Securing Climate Finance in the Current Fiscal Crisis – Second Consultative Dialogue

In From Other Parts by Michael Rae

Ghana’s economy is highly vulnerable to climate change and its resulting impacts on sustainable development and inclusive growth. In the past two decades, carbon emissions have doubled, leading to high levels of food insecurity and the prevalence of extreme weather events, such as flooding. As a result, approximately 10% of Go to IMANI, Ghana for more detail!

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Event: What are the prospects of Climate Finance in Ghana under the current Fiscal Crisis?

In From Other Parts by Michael Rae

Ghana’s economy remains vulnerable to climate change and its attendant effect on sustainable development and inclusive growth. Carbon emissions have doubled over the last two decades, leading to high food insecurity and the prevalence of extreme weather events such as flooding. Already, about ten percent of the population is food Go to IMANI, Ghana for more detail!

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How Government Policy Can Assist in Deploying Solutions to Enhance Food and Water Security

In From Other Parts by Michael Rae

In late March 2023, IMANI’s Senior Vice-President, Kofi Bentil participated in an international conference hosted by the influential Jerusalem Center for Public Affairs (JCPA) which undoubtedly is Israel’s global embassy for research-powered diplomacy. The conference brought together think tank and policy center representatives from 30 Middle East and African states. Go to IMANI, Ghana for more detail!

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April 14 Roundtable Invitation: Debt Relief & Moral Hazard: Post Cards from the Global South

In From Other Parts by Michael Rae

The ongoing “polycrisis” has spawned many effects, one of the most worrying of which is the escalating fiscal-cum-debt crises in many countries across the Global South. Calls are rising for accelerated debt relief to avert a humanitarian crisis. But is there a right and wrong way to do debt relief? Go to IMANI, Ghana for more detail!

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Breaking The Cycle of IMF Support: Addressing Governance Inefficiencies and Drivers of Public Debt in Ghana

In From Other Parts by Michael Rae

In recent years, Ghana’s public debt has been steadily rising, and as of November 2022, it amounted to GHS 575 billion, with GHS 382.7 billion being external debt and GH¢193.1 billion domestic debt. The COVID-19 pandemic-induced spending has contributed to widening the gap between revenues and expenditure, about 79% in Go to IMANI, Ghana for more detail!

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Policy Brief: Women Need Secured Lands to Jump out of Poverty

In From Other Parts by Michael Rae

Land is a critical productive asset, especially for people living in the rural part of Ghana. More than a third of Ghana’s adult population is employed in the agriculture sector where secured access to land is important. Secured land guarantees investment, and facilitates access to financing, which are essential factors Go to IMANI, Ghana for more detail!

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The Economic Sustainability Summit

In From Other Parts by Michael Rae

This summit will make useful recommendations on sustainable pathways for managing the impact of the debt restructuring program on the economy and crucially, how never to grow a debt iceberg to derail the course of a nation’s sail. Please reserve your seat by emailing info@imanighana.org . Please subject of the email should be Go to IMANI, Ghana for more detail!

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Documentary: The Benefits to Women of Increased Access to land

In From Other Parts by Michael Rae

On Tuesday 28th March 2023, IMANI’s latest documentary was premiered to an engaging audience of diverse backgrounds. Yaw Oppong Esq.,the Director of the Ghana School of Law and author of Contemporary Trends in the Law of Immovable Property, Ms. Dorothy Gordon, a development economist and technology professional, Hajia  Alima Saajito-Saeed, Executive Director of SWIDA  Go to IMANI, Ghana for more detail!

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Presidential Inquiry Needed: Imani Africa and ACEP on AGM Relinquishing Its Interests in the South Deepwater Tano (SDWT) Block

In From Other Parts by Michael Rae

Imani Africa and the Africa Centre for Energy Policy (ACEP) have sighted the announcement by AGM Petroleum to relinquish its interest in the South Deepwater Tano (SDWT) block, which hosts one discovery, the Nyankom-1X, from a drilling campaign embarked on by AGM in 2019. We welcome this development but wish Go to IMANI, Ghana for more detail!