Economy
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Government To Borrow A Whopping ¢38.959bn Via T-bills In Quarter 3
Government will borrow a whopping ¢38.959 billion via treasury bills for the third quarter of 2023. According to its issuance…
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Inflation Will Not Subside Without Further Monetary Policy Tightening – Report
Without a further monetary policy tightening by the Bank of Ghana, the rising inflation will not subside. According to research…
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Cedi To Remain Stable This Week; Going For ¢11.50 To A Dollar
The Ghana cedi will remain stable this week against the US dollar and other major foreign currencies, although improved US…
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Ghana’s Fiscal Risk Moderating As Expenditure Takes A Nosedive – Report
Ghana’s fiscal risk is moderating on the back of expenditure control. According to research firm, IC Securities, fiscal execution in…
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New GDP Target Signals Decline — Minority
The Minority Caucus in Parliament says government’s review of the 2023 Gross Domestic Product (GDP) target from 2.8 per cent…
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We’ve Turned No Corner, You Rather Deepened Our Woes – Ato Forson To Ofori-Atta
Minority Leader, Cassiel Ato Forson has taken on the Finance Minister, Ken Ofori-Atta for his proclamation that the country was…
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Government Revises GDP Growth To 1.5% In 2023
Government has revised the real Growth Domestic Product (GDP) of the country to 1.5% in 2023, from the earlier 2.8%.…
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‘Cedi Depreciated By An Impressive 1.8% Between February And July’ – Ofori-Atta
The government says the local currency in the first half of the year, showed great strength against the major trading…
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Mid-Year Budget Review: We’ve Turned The Corner, We Won’t Ask For More Money – Ofori-Atta
Finance Minister Ken Ofori-Atta has stated government steadfastly turning the corner and improving the economy. He told Parliament while presenting…
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Mid-Year Budget Review To Outline Growth Strategies To Promote Economic Stability
Finance Minister, Ken Ofori-Atta The Finance Minister, Ken Ofori-Atta, is set to announce a Mid-Year Budget Review today July…
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Mid-Year Budget Review To Be Presented Today, July 31
Ken Ofori-Atta, Finance Minister In accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921), the Mid-Year…
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Mid-Year Budget Review Will Focus On Restoring Macroeconomic Stability, Economic Transformation – Finance Ministry
Finance Minister, Ken Ofori-Atta The Finance Ministry says the Mid-Year Budget Review will outline the critical imperatives to restore…
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We Need Stability And Space For Businesses To Grow – GUTA President On Mid-Year Budget Expectation
The President of the Ghana Union of Traders’ Association (GUTA), Dr Joseph Obeng, has called on government to create an…
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Finance Minister Meets Parliament Today Ahead Of Mid-Year Budget Review
The Finance Minister, Ken Ofori-Atta is meeting with Parliament today [Friday] to deliberate on issues ahead of the mid-year budget…
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World Bank, IMF Assuming Ghana’s Leadership Will Be Disciplined – Dr. Yamson On Ghana’s Economic Recovery
Economist, Dr. Ishmael Yamson, says he doubts Ghana’s ability to recover from its economic distress in the next three years…
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Government Has Placed Emphasis On Raising Revenue While Ignoring Expenditure Cuts – Dr. Yamson
Economist, Dr. Ishmael Yamson, says while the government has been emphasising the need to raise revenue as part of the…
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Real Sector Growth To Remain Depressed In 2023 – Report
Economic activity will remain subdued despite the upbeat growth outturn in the first quarter of 2023. According to GCB Capital,…
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Dr Bawumia Reiterates Government’s Resolve To Return Economy To Higher Growth
Vice President Dr Mahamudu Bawumia has assured the general public that the Akufo-Addo-led government is working round the clock to…
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Ghana Worse Of Now Than HIPC Era – KKD
Media personality Kwasi Kyei Darkwah aka KKD says Ghana is in a worse economic situation compared to the era when…
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Kennedy Agyapong Clarifies His Remarks On Cedi Management; Describes Bawumia As Strategic Thinker
Kennedy Agyapong, MP for Assin Central The New Patriotic Party (NPP) Member of Parliament (MP) for Assin Central, Kennedy Agyapong, has…
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‘We Need New Hands, Ghana Has Been Mismanaged Under Akufo-Addo’ – Kofi Amoah
Nana Addo Dankwa Akufo-Addo Economist and businessman, Dr. Kofi Amoah has lambasted the Nana Addo Dankwa Akufo-Addo-led government for mismanaging…
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Ghana Records Trade Surplus Of $1.77bn In Half-Year 2023; Gross Reserves Still Below Target – BoG
Ghana recorded a trade surplus of $1.77 billion in the first half of 2023, approximately 2.4% of Gross Domestic Product…
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Ghana’s Public Debt Up ¢134.7bn To ¢569.3bn In April 2023 – BoG
Data from the Bank of Ghana indicates that Ghana’s public debt stock shot up by ¢134.7 billion in the first…
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Cedi Remains Stable In June, July 2023 Against Dollar; Year-To-Date Depreciation Stands At 22.1% – BoG
The Ghana cedi remained stable in June 2023 and July 2024 against the US dollar, indicating the positive impact of…
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Ghana’s Economy Expected To Recover Its Potential By 2025 – World Bank
The World Bank says its expects Ghana’s economy to start recovery from 2025. A combination of domestic imbalances and external…
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