News
Credit to private sector recovers to pre-pandemic levels; total advances hit ¢24.6bn
Credit to the private sector is recovering to the pre-pandemic levels, reflecting commercial banks’ portfolio rebalancing. According to the Monetary...
Renegotiated power deals save Ghana US$13.2bn – Finance Minister
The Finance Minister, Ken Ofori-Atta has disclosed that government has saved US$13.2 billion from renegotiated power deals with six Independent...
Full text: Ken Ofori-Atta’s 2022 Mid-Year Budget Review speech
The Finance Minister, Ken Ofori-Atta has presented the 2022 Mid-Year Budget Review to Parliament for approval. Below is the full...
Fitch Solutions revises Ghana’s growth rate downwards to 2.6% in 2022
Fitch Solutions has shockingly revised Ghana’s growth rate to 2.6% in 2022, from its earlier forecast of 4.8%. This is...
Arts, Culture Are Tools For Wealth Creation—Tourism Minister
Arts, culture, and heritage are tools of creativity, skills and talents with the potential to create wealth and prosperity, Dr...
About ¢5bn in bribes paid in both private and public sectors in 2021- GSS
About ¢5 billion in bribes were paid in both the private and the public sector, a survey by the Ghana...
Court orders government to halt payments to ENI, Vitol for gas supplied from Sankofa Field
A Commercial High Court sitting in Accra, has granted a motion for an interlocutory injunction restraining the government of Ghana...
US$11.5 Trillion Global Digital Economy is a sure way to economic growth—Veep
In this era of fourth industrial revolution, Ghana must take advantage of the $11.5 trillion global digital economy, representing 15....
‘Essence of SSNIT gone completely, scrap it’ – TUC tells government
The Trades Union Congress (TUC) has called for the total overhaul of the Social Security and National Insurance Trust (SSNIT)....
Cost of borrowing to surge as IEA proposes Policy Rate of 20% or 20.5%
Cost of borrowing is expected to go up further, as the Institute of Economic Affairs (IEA) is urging the Bank...
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