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Sunday, May 19, 2024
The Minority spokesperson on Finance, Cassiel Ato Forson, has cast doubts on the government’s intent to secure a deal with the IMF before the 2023 budget is prepared. “I doubt in the next six weeks we are going to have a...
Efforts put in place by the government and the Bank of Ghana to arrest the free fall of the cedi against major trading currencies, especially the US dollar, is paying off. This was disclosed by the Minister of Finance, Ken...
The Director of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana, Prof. Peter Quartey is worried that Ghana’s debt levels may pose a challenge to its move for an International Monetary Fund (IMF)...
The government may face complicated refinancing options in repaying Treasury bills that will mature on October 2022 According to the Weekly Fixed Income Update by Databank Research, a refinancing offer on October 3, 2022, may not get much traction due...
The Ghana Airports Company Limited says it is unaware of the amount of money made by Frontiers Healthcare Service from Covid-19 testing at the airports. The company was tasked by government to undertake an assessment of travellers as part of...
Vice President of Imani Africa, Bright Simons has criticized President Akufo-Addo and his administration for persistently blaming the conflict in Ukraine for Ghana’s distressed economy. Ghana is frantically working to initiate talks with domestic bondholders on a restructuring of its...
The Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has indicated that another re-denomination of Ghana’s currency, the Cedi, is about to happen following the rising rate of inflation and also the depreciation against...
Former President John Mahama says Africa is still battling problems Osagyefo Dr Kwame Nkrumah spoke about decades after his death. Mr Mahama said the continent is still facing challenges of the common currency, Intra African trade amongst others. In his view,...
Ghana is ranked 1st in Africa with the largest outstanding debt to the International Monetary Fund. According to the Fund’s Quarterly Finances as of the end of July 2022, the country’s loans outstanding is estimated at 1.31 billion Special Drawing...
In Ghana, the “e-levy” has been linked to the current administration’s “Ghana Beyond Aid” strategy for reducing aid dependence. Taxes on MoMo, in Ghana and elsewhere, have also been justified as a way to “capture” those working in the informal...
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