{"id":68001,"date":"2024-03-04T17:26:18","date_gmt":"2024-03-04T17:26:18","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=68001"},"modified":"2024-03-04T16:45:07","modified_gmt":"2024-03-04T16:45:07","slug":"imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill","title":{"rendered":"IMF closely monitoring Ghana after passage of anti-LGBTQ+ Bill"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The International Monetary Fund has hinted that it is keeping a close eye on developments in Ghana following the passage of the Proper Human Sexual Rights and Ghanaian Family Values Bill, popularly referred to as an anti-LGBTQ bill.<\/b><\/p>\n

The bill, if assented to by President Akufo-Addo, will criminalise LGBTQ+ activities, their promotion, advocacy, and funding.<\/p>\n

According to a Bloomberg report, the Bretton Woods institution stated in a statement that \u201cits internal policies frown on discrimination based on personal characteristics, including gender, gender expression, or sexual orientation.\u201d<\/p>\n

\u201cDiversity and inclusion are values that the IMF embraces,\u201d the Fund emphasised.<\/p>\n

Recognising the gravity of the situation, the IMF stated that it would closely monitor developments in Ghana.<\/p>\n

The Fund also stated that it will not comment on the bill until it has been enacted into law and its economic and financial ramifications have been thoroughly analysed.<\/p>\n

However, the IMF added that if this occurs, it will evaluate the economic and financial consequences of Ghana\u2019s decision to enact the legislation.<\/p>\n

Ghana\u2019s financial position depends critically on IMF support. The nation sought a bailout after defaulting on its debt, which it\u2019s now in the process of restructuring, and relies on the fund for access to vital foreign exchange.<\/p>\n

Following an economic crisis, the West African nation sought an IMF bailout. The first and second tranches have been disbursed to the Bank of Ghana\u2019s account.<\/p>\n

However, it is uncertain if the review and approval of the third tranche would be affected should the bill become law.<\/p>\n

Ghana\u2019s dollar bonds were among the worst performers on Friday in a Bloomberg index that monitors emerging-market sovereign hard-currency debt, following the bill\u2019s passage.<\/p>\n

All 14 of Ghana\u2019s dollar notes in the gauge fell, with those due in 2034 the most affected. The price of the securities retreated 0.3 cents on the dollar to 43.08 cents at 8:10 a.m. in London, the lowest since Jan. 12.<\/p>\n

The bill, which is yet to become law, has generated widespread criticism both locally and internationally. Virginia Evelyn Palmer, the United States Ambassador to Ghana, noted that the development saddened her.<\/p>\n

\u201cI am saddened because some of the smartest, most creative, most decent people I know are LGBT,\u201d Palmer posted on X.<\/p>\n

Also, the Executive Director of the UNAIDS, Joint United Nations Programme on HIV\/AIDS, Winnie Byanyima, indicated that the passage of the Bill by Ghana\u2019s Parliament will \u201cbe a barrier to ending AIDS\u201d if it is assented to become law.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The International Monetary Fund has hinted that it is keeping a close eye on developments in Ghana following the passage of the Proper Human Sexual Rights and Ghanaian Family Values Bill, popularly referred to as an anti-LGBTQ bill. The bill, if assented to by President Akufo-Addo, will criminalise LGBTQ+ activities, their promotion, […]<\/p>\n","protected":false},"author":84,"featured_media":68000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-68001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nIMF closely monitoring Ghana after passage of anti-LGBTQ+ Bill - Ghana<\/title>\n<meta name=\"description\" content=\"The International Monetary Fund has hinted that it is keeping a close eye on developments in Ghana following the pass ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF closely monitoring Ghana after passage of anti-LGBTQ+ Bill\" \/>\n<meta property=\"og:description\" content=\"The International Monetary Fund has hinted that it is keeping a close eye on developments in Ghana following the pass ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-04T17:26:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/03\/sm_1709557961.669779.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"IMF closely monitoring Ghana after passage of anti-LGBTQ+ Bill\",\"datePublished\":\"2024-03-04T17:26:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill\"},\"wordCount\":433,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/03\/sm_1709557961.669779.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/imf-closely-monitoring-ghana-after-passage-of-anti-lgbtq-bill\",\"name\":\"IMF closely monitoring Ghana after passage of anti-LGBTQ+ Bill - 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