Ghana’s public debt increased to GH₵610 billion as at December 2023.
Comparatively, this is a 26. 85 percent rise from the GH₵446.3 billion recorded...
The Bank of Ghana has cautioned Ghanaians against rejecting the one and five pesewas coins.
Head of Currency Management at the Central Bank, Dominic Owusu,...
Ghana remained the most indebted country to the International Monetary Fund in Africa in terms of Concessional Lending and Debt Relief Trust.
The country’s exposure...
The increasing rate of unemployment in Ghana has becoming alarming in subsequent weeks.
From the staggering 1.85 million Ghanaians being unemployed in the third quarter...
The International Monetary Fund (IMF) has said that Ghana's ongoing economic challenges stem not only from the COVID-19 pandemic but also from excessive spending...
Finance Minister, Dr. Mohammed Amin Adam, has expressed confidence in building a stronger collaboration with the International Monetary Fund towards Ghana’s economic resilience and...
The International Monetary Fund is advising African countries including Ghana to rethink their fiscal policy following repeated external and domestic shocks from rising debt...
Minister of State-designate for Finance, Abena Osei-Asare says that the widely circulated document on the cost of signing the anti-LGBTQ+ bill was not advice...
A report by GlobalPetrolPrices.com ranks Ghana as 10th in Africa with the most affordable fuel prices in March 2024.
On the global scale, Ghana sits comfortably...
Economist, and Dean of the University of Cape Coast (UCC) Business School, Prof John Gatsi has argued that the Bretton Woods institutions cannot penalize...
A Professor of Finance at the University of Ghana Business School, Godfred Bokpin, has challenged the conventional celebration of Gross Domestic Product (GDP) growth.
According to...
President Nana Addo Dankwa Akufo-Addo has revealed that the government has fulfilled its financial pledges by clearing the final coupons owed to domestic bondholders.
In...
President Akufo-Addo has reaffirmed his commitment to supporting cocoa farmers in the upcoming season.
During his State of the Nation address on Tuesday, February...
President Nana Addo Dankwa Akufo-Addo has said the recent changes at the Ministry of Finance will not affect agreements made with the International Monetary...
Finance Minister, Dr. Mohammed Amin Adam has hinted at visiting some ports nationwide soon to weed out corrupt activities.
This comes after several reports of...
On Monday, February 19, 2024, Finance Minister-designate, Mohammed Amin Adam assumed office and interacted with the staff of the ministry.
Amin Adam was among the...
Former Finance Minister Ken Ofori-Atta has appreciated the hard work of staff of the Ministry of Finance (MoF).
According to him, their dedication to salvage...
Former Finance Minister Ken Ofori-Atta has expressed confidence in his successor, Dr. Mohammed Amin Adam, urging the Ministry of Finance staff to support him...
The total value of secured loans granted and registered by banks and Specialised Deposit-Taking Institutions (SDIs) in the 4th quarter of 2023 was GH¢5.9 billion.
This...
Election-induced expenditures could threaten the fiscal economy going forward.
According to the 2024 Quarterly Report by Databank Research, following the government signal of a...
The Finance Minister, Dr. Mohammed Amin Adam, has reaffirmed the government's commitment to the ongoing programme with the International Monetary Fund (IMF).
He has assured...
The Director of Business Operations at Dalex Finance, Joe Jackson believes it is too late for the President to replace Finance Minister Ken Ofori-Atta...
The newly appointed Finance Minister, Mohammed Amin Adam has said he will aggressively seek income mobilisation in order to strengthen the country's finances and...
General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong has said Ken Ofori-Atta won't overshadow the newly nominated Finance Minister, Dr. Mohammed Amin Adam.Â
According...
Inflation returned to an upward trajectory to hit 23.5% in January 2024, data from the Ghana Statistical Service has revealed.
This follows four consecutive months...
Access Bank, one of Nigeria's largest banks, has appointed a temporary replacement for CEO Herbert Wigwe, who died alongside five others in a helicopter crash last...
Technical Advisor to the Vice President, Dr. Tiah Kabiru Mahama says going to the International Monetary Fund (IMF) was government's last hope for assistance.
According...
Senior Vice President of IMANI Ghana, Kofi Bentil, has described Vice-President Dr Mahamudu Bawumia's praise of the Bank of Ghana (BoG) during the country's...
Ghana’s total earnings from exports of crude oil, production activities, surface rental and corporate taxes for 2023 witnessed some significant decline.
A review of Ghana’s...
The government of Ghana borrowed GH¢22.06 billion via treasury bills in January 2024.
This is about 35.80% more than the targeted amount of GH¢15.13 billion.
The...
The Bank of Ghana has received praise for enhancing the accessibility of economic data via its recently launched Database Portal.
On Monday, February 5, 2024,...
Former Finance Minister, Seth Terkper has criticized the Akufo-Addo government for implementing what he considers the "worst tax system" in Ghana's history.
He argued that...
President Akufo-Addo has denied the Ghana Revenue Authority’s request to allow for the running of the Strategic Mobilisation Ghana Limited (SML), system that has been installed to...
Finance Minister, Ken Ofori-Atta has expressed his appreciation for the release of the second tranche of Ghana's extended credit facility by the International Monetary...