Economy
Economy is heading in right direction; we won’t seek IMF relief – Finance Minister
Finance Minister, Ken Ofori-Atta, has reiterated government’s commitment of not seeking assistance from the International Monetary Fund (IMF), to relief...
Surging food prices, transport fares, push inflation to 23.6% in April 2022
Surging food prices once again drove inflation for the month of April, 2022 to 23.6%, figures from the Ghana Statistical...
Economy to become 12th fastest growing in Sub-Saharan Africa in 2022
Ghana’s economy is expected to become the 12th fastest growing economy in Sub-Saharan Africa in 2022 with an expected growth...
Tough reforms needed to improve financing gap—BoG
Madam Elsie Addo Awadzi, the Second Deputy Governor of the Bank of Ghana (BOG) says that a boost in Africa’s...
We can’t stop foreign companies from repatriating profits – GIPC
The Ghana Investment Promotion Center (GIPC) has rejected calls to prevent foreign businesses from repatriating all their funds in foreign...
World Bank announces $170bn fund to address “multiple overlapping crises” facing global economies
The World Bank Group has announced that over the coming weeks it will be discussing with its Governors and Board...
World Bank affirms 5.5% expansion of Ghana’s economy in 2022; raises concern again about rising debt
The World Bank has affirmed its forecast of 5.5% expansion of the Ghanaian economy in 2022, higher than Sub Saharan...
Government to borrow ¢4.59bn fresh loans in quarter 2, 2022
Government will borrow ¢4.59 billion as fresh funds in the second quarter of this year to finance part of its...
Bawumia must use ‘State of the Economy’ speech to boost investor confidence – Economist
Ahead of Vice President Dr. Mahamudu Bawumia’s speech on the State of the Economy later today , Economist...
Cedi records 18.21% depreciation to dollar in quarter 1; ranked among “Worst Spot Returns – Bloomberg
The cedi recorded an 18.21% rate of depreciation to the US dollar in the first quarter of 2022, according to...
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