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Ghana Changes Mind on IMF Bailout Days After Residents Staged Protests Against Worsening Economic Situation

The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took to the streets to protest the spiraling inflation and growing economic hardships. Ghana’s Growing Balance of Payments Deficit After initially refusing to seek […]

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IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers

IMF Predicts Banks Will Struggle At Least 5 More Years After Global Economy Recovers The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic so their troubles “will extend to at least 2025, well beyond the immediate effects of […]

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