hilarykodji
Author

IMF board approves Ghana’s $3bn bailout to revive ailing economy

May 23, 2023 The International Monetary Fund’s executive board has approved a $3 billion, three-year extended credit facility for Ghana, three senior Ghanaian officials said on Wednesday, as the West...

Written by:

May 23, 2023 / Comments (0)

Ghana’s debt falls to ¢434.6bn; now 71.2% of GDP – BoG

May 23, 2023 The country’s public debt dropped in December 2022 to end the year as data published by the Bank of Ghana shows debt to GDP is now 71.2 percent. Per the Central Bank’s Summary of...

Written by:

May 23, 2023 / Comments (0)

GIPC warns SMEs against ‘dubious’ business development and funding program

May 23, 2023 The Ghana Investment Promotion Centre (GIPC) has issued a strong cautionary statement to the public regarding a fraudulent funding program targeting small and medium-scale businesses. The...

Written by:

May 23, 2023 / Comments (0)

BoG keeps policy rate unchanged at 29.5%; cost of loans to remain high

May 23, 2023 The Monetary Policy Committee (MPC) of the Bank of Ghana has kept its policy rate unchanged at 29.5%. It cited a slowdown in inflation as the main reason to the unchanged rate, which is the...

Written by:

May 23, 2023 / Comments (0)

We will soon witness a stable exchange rate regime – Ghanaian-German Economic Association

May 22, 2023 The Ghanaian-German Economic Association is hopeful Ghana’s exchange rate regime will experience some stability against other major foreign currencies. This comes after the Executive...

Written by:

May 22, 2023 / Comments (0)

High demand for skilled labour in Germany “Embassy supports TVET institutions to train personnel”

May 22, 2023 The German government has pledged to continue investing in Technical and Vocational Education and Training (TVET) in Ghana to develop more skilled labour for the job market. The German...

Written by:

May 22, 2023 / Comments (0)

Fiscal Risk Committee sworn in as part of efforts to strengthen the fiscal mg’t

May 10, 2023 The Fiscal Risk Committee has been sworn in by the Minister of Finance Ken Ofori-Atta. This was in line with Public Financial Management Regulations, 2019, LI 2378. The Ministry of Finance...

Written by:

May 10, 2023 / Comments (0)

BoG to continue with policy rate hikes to fast track inflation decline

May 10, 2023 The Bank of Ghana (BoG) has indicated that it may hike again the monetary policy rate to help bring inflation down faster. The Central Bank argued that “the current inflation rate remains...

Written by:

May 10, 2023 / Comments (0)

Bond market: new bonds attract investor interest; market recovers swiftly

May 10, 2023 The secondary bond market was lively in the week under review as total volume traded recovered 293.93% week-on-week to ¢459.34 million. This is partly on resolved valuation challenges....

Written by:

May 10, 2023 / Comments (0)

Inflation falls to 41.2% in April 2023

May 10, 2023 Year-on-year inflation fell for the 4th month running to 41.2% in April 2023, from 45% in March 2023, extending the disinflation process since January 2023. According to the Ghana...

Written by:

May 10, 2023 / Comments (0)