\u201cThe government will also continue to use its oil stabilization fund, oil price hedging and monetary tightening to manage foreign exchange volatility for Ghana’s cedi currency,” Terkper added.<\/p>\n
$1 billion Eurobond in 2014<\/strong><\/p>\n Government in 2014 listed three separate Eurobonds on the Ghana Stock Exchange; the third one, which was issued on September 11, 2011, raised an amount of 1 billion US dollars<\/strong><\/a><\/span>.<\/p>\n Issuance of the $1 billion Eurobond in 2014, which was aimed at financing government expenditure<\/strong><\/a><\/span> and infrastructure, was highly criticized while the opposition New Patriotic Party (NPP) called on government to account for the money<\/strong><\/a><\/span>.<\/p>\n IMF to give Ghana $940 million\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><\/p>\n Meanwhile, in its quest to elevate Ghana from its ailing economy, the International Monetary Fund (IMF) has promised to give the nation $940 million<\/strong><\/a><\/span>.<\/p>\n
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