Ghana

IFI governance

Analysis

V20 communiqué analysis Spring Meetings 2023: Climate vulnerable countries call for global financial architecture fit to tackle climate and debt emergencies

V20 called for substantive debt relief and increased concessional financing to help break vicious cycle of debt and Loss and Damage, and spur ‘climate-positive development’.

19 April 2023

IFI governance

Background

Navigating Africa’s debt conundrum amid multiple crisis: Looking beyond the G20 Common Framework

Notes from the Civil Society Policy From on 13 April titled "Navigating Africa’s debt conundrum amid multiple crisis: Looking beyond the G20 Common Framework."

13 April 2023 | Minutes

Finance

Analysis

The global financial architecture and the international debt crisis: An urgent call for reform

Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.

5 April 2023 | At Issue

Finance

News

Between a rock and a hard place: How can IMF provide support amidst debt restructure deadlock?

IMF’s lending into arrears policy can be a way to break out of the debt restructure deadlock and provide the much-needed financing for countries in debt distress.

5 April 2023

Infrastructure

News

Former Ghana national oil company head links World Bank’s Sankofa guarantee to gas power plant deals

Alex Mould says guarantee included commitment to sign four ‘take or pay’ contracts with independent power producers.

22 September 2021

Finance

News

Ghana: political costs of structural adjustment

Ghana elected a new president who has pledged to review the country's IMF programme, which was criticised by civil society for its harsh impacts on the poorest.

31 January 2017

Infrastructure

Analysis

Ghana’s Sankofa gas project - backed by World Bank - brings fiscal pain

Ghana left with $250 million bill for unused gas in 2019 primarily due to ‘take or pay’ clause in Bank-supported PPP contract.

7 April 2020

Gender

Analysis

IMF’s recognition of unpaid care work undermined by its own harmful policy advice

New IMF working paper establishes macro-criticality of unpaid care work but remains blind to Fund’s negative policy impacts on women and girls.

12 December 2019 | Guest analysis

Finance

Background

Taxes, Taxes, Taxes: Shifting the IFI Narrative to Progressive Gender-just Taxation

Notes from the Civil Society Policy Forum session on 12 April on the changing international tax landscape from a feminist perspective and challenging IFIs’ role in shaping it at the World Bank and IMF's 2019 Spring Meetings.

16 April 2019 | Minutes

Finance

Analysis

IMF and debt restructuring: just talk?

An IMF staff blog has acknowledged weaknesses in IMF’s approach to debt sustainability, meanwhile civil society continues to demand human rights-based approach considering who bears burden of debt repayment.

22 March 2017 | Guest analysis

Environment

Analysis

Forest Investment Program (FIP)

Challenges in measuring progress were noted for the Forest Investment Program (FIP), in particular greenhouse gas accounting. Investment plans for Mozambique and Ivory Coast have been approved. Questions were raised over the reasoning for a commercial teak plantation project in Ghana.

30 November 2016

Environment

Analysis

Scaling Up Renewable Energy Program (SREP)

A new a new Enhanced Private Sector Program for the Scaling up Renewable Energy Program in Low Income Countries (SREP) is due to discussed. Cambodia’s investment plan has been approved. Social, environmental and financial risks related to a Nicaragua geothermal project were raised.

30 November 2016