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Ghana is not under HIPC – IMF clarifies

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Ghana is not under HIPC – IMF clarifies

Ghana is not under HIPC: The International Monetary Fund (IMF) has denied classifying Ghana as a Highly Indebted Poor Country (HIPC) based on data on its website.

According to an e-mail responds sent to JoyBusiness, based on some questions sent to the Fund in Washington DC, it said any interpretation to that effect “may be deceptive.”

This follows claims by the flagbearer of the National Democratic Congress (NDC) that the country has been categorised back under HIPC due to what he believes is economic mismanagement by the governing NPP.

Speaking at a Professionals Dialogue series in Accra on Monday, John Mahama said the IMF forecasts Ghana’s current rate of borrowing and debt at 76.7 per cent debt to GDP ratio.

“The IMF in its Sub-Saharan African Regional Economic Outlook forecast the current rate of borrowing and debt at a frightening 76.7% debt to GDP ratio.

“Unfortunately, Ghana is back to HIPC status under Nana Akufo-Addo and Ken Ofori-Atta administration,” former President John Mahama said.

Government has already debunked these claims describing it as fake news which must be taken with a pinch of salt.

However, in correspondence with JoyBusiness, the Fund argued that the list on its website are for all countries that have been on the HIPC program since 1996 are regularly updated.

It added, “this must not be interpreted as a new HIPC list, any such interpretation is flawed and may be deceptive the IMF added.”

Read the full statement from IMF below.

We have been made aware of (social) media reports stating that Ghana has recently been added to the list of Heavily Indebted Poor Countries (HIPC) by the International Monetary Fund (IMF). As a result, we would like to provide the following clarifications:

  1. The HIPC Initiative is essentially CLOSED for countries that have already reached the Completion Point.
  2. As you may recall, Ghana successfully reached the Completion Point in July 2004.
  3. The list of countries that have qualified for the HIPC Initiative since its inception in 1996 is regularly updated on our website and MUST NOT be interpreted as a new “HIPC list”.
  4. Any such interpretation is flawed and may be deceptive.
  5. Also, the recent update of Ghana’s debt-to-GDP ratio has NOT triggered any decision or action by the IMF. For ease of reference, you can access the latest issue of the Fund’s Regional Economic Outlook for sub-Saharan Africa on our website.

We would like to take this opportunity to encourage you to seek clarification before giving credence to the rumor involving the IMF in Ghana. We reserve the right to issue a public statement to make such clarifications as needed.

READ ALSO: Ghana May Return To HIPC by 2019 – NDC Minority Asserts

 

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Somalia rejects John Mahama; questions his impartiality and competence as a mediator

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Somalia rejects John Mahama

Somalia rejects John Mahama; questions his impartiality and competence as a mediator

The Federal Republic of Somalia has rejected the appointment of Ghana’s former president John Dramani Mahama as African Union’s (AU) special envoy to help mediate that country’s political impasse.

In a letter trending on the various media platforms and seen by accramail.com and confirmed by sources at the AU, Mahamed Abdirazak, Somalia’s Minister of Foreign Affairs and International Cooperation said Mahama has “extensive links” with Kenya, and that the country will no longer support him [Mahama] in his new role.

“It is indeed surprising that a candidate with extensive links with Kenya’s leadership has been chosen by the AU to facilitate talks on a political impasse partly engineered by those Kenyan leadership has supported,” the letter stated.

“Given the politically sensitive nature of the task of a high representative in any case, I am certain you will appreciate the importance of any candidate for such a post to be seen as impartial and competent without any links to the region,” it added.

“I hereby notify the African Union of the formal withdrawal of support by the Federal Government of Somalia for the AU High Representative for Somalia.”

Read the full letter below:

somalia rejects mahama

somalia rejects mahama 1

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Over 1,000 reports on adverse effects of COVID-19 vaccines in Ghana received – GHS

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adverse effects of COVID-19 vaccines

Ghana Health Service GHS has received over 1000 reports on adverse effects of COVID-19 vaccines in Ghana so far

Adverse effects of COVID-19 vaccines: Extended Programme on Immunisation (EPI) of the Ghana Health Service (GHS) says it has received about 1,000 reports of adverse effects from persons vaccinated against the COVID-19 vaccine.

These are people vaccinated within 12 days of the first phase of the COVID-19 vaccination exercise.

Dr. Kwame Amponsa-Achino, the Programme Manager of the EPI, told the Ghana News Agency that the reactions and complaints received by his outfit and the Food and Drugs Authority (FDA) were fever, sweating, headache, weakness, chills, and body aches, which were all expected.

The Programme Manager said the reports were not different from reactions and adverse reports from other countries and what was stated by the manufacturer in the vaccine package information.

Dr. Amponsa-Achiano said the complaints were received mainly through the complaints call the number provided on the vaccination card, the Med App, and a complaints link provided by the FDA.

He said data showed that as of 1900 hours on Sunday, March 14, nearly 404,000 persons had taken their first jab of the COVID-19 vaccine from the 43 districts earmarked for the first phase.

Those vaccinated include front-line health workers, adults aged 60 years and above, and people with underlying health conditions such as diabetes, kidney diseases, hypertension, and cancer.

The others are frontline security personnel, frontline government officials, the media, and all frontline workers in the formal sector.

A total of 20 million Ghanaians are expected to be vaccinated against the virus, Dr. Amponsa-Achiano said, adding that females formed about 62 percent of the number vaccinated so far.

He said about 58,000 persons with underlying health conditions, 91,000 adults aged 60 years and above, about 68,000 health workers, 23,000 frontline security personnel, and more than 48,000 essential service providers had received their first jabs.

Similarly, more than 12,000 members of the Executive, Judiciary, and Legislature, and 60,000 teachers aged 60 and above, more than 3,000 media persons, and 72,000 ordinary persons had been vaccinated.

Dr. Amponsah-Achiano encouraged the public to keep adhering to the COVID-19 safety protocols by wearing a nose mask, observing social distancing, washing hands with soap under running water, or sanitize hands frequently.

Coronaviruses are a large group of viruses that are common among animals. In rare cases, they are what scientists call zoonotic, meaning they can be transmitted from animals to humans, according to the US Centers for Disease Control and Prevention.

It has an incubation period of four to six days and fatal, especially for those with a weakened immune system, the elderly, and the very young.

It could also result in pneumonia and bronchitis.

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President Akufo-Addo swears in Regional Ministers

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President Akufo-Addo swears in Regional Ministers

President Akufo-Addo swears in Regional Ministers


President Nana Addo Dankwa Akufo-Addo has charged newly-sworn regional ministers to help ensure peace, law, and order in the regions Swearing in the 16 regional ministers at the jubilee house on Thursday, March 11, the president encouraged them to provide leadership and work hard to help transform regional economies

Most of the regional ministers are first-timers with only a few retaining their positions in the second term of the Akufo-Addo’s administration.

President Akufo-Addo challenged them to be tactful in managing issues of security to ensure peace

He again charged them to coordinate effectively with MMDCEs, chiefs, and opinion leaders to transform the living conditions of the people

Volta regional minister Dr. Archibald Letsa who spoke on behalf of his colleagues promised to live up to expectation.


source:. tv3news

READ ALSO;


Meet the beautiful daughters of Nana Akufo-Addo [PHOTOS]


Meet the beautiful daughters of Nana Akufo-Addo: The president of the Republic of Ghana Nana Akufo-Addo has been in office since 7 January 2017.

He first ran for president in 2008 and again in 2012 which he lost to the late former president John Evans Atta Mills.

Nana Addo Dankwa Akufo-Addo was born in Accra to the Edward Akufo-Addo and Adeline Akufo-Addo.

He began the Philosophy, Politics, and Economics course at New College, Oxford in 1962, but left soon afterward.

He also read Economics at the University of Ghana, Legon, in 1964, earning a BSc(Econ) degree in 1967.

He is currently married to Rebecca Akufo-Addo after he lost his first wife and they are blessed with five(5) adorable daughters who rarely appear in public.

The five daughters are Gyankroma Funmi Akufo-Addo-, Edwina Nana Douka Akufo-Addo, Adriana Dukua Akufo-Addo, Yeboakua Akufo-Addo, and Valerie Obaze.

We have taken the pain to sample pictures of these girls so you can once again have a glance at their beauty since coming by their pictures is no easy task…

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