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IMF provides US$1bn in SDR to shore up foreign exchange reserves

August 24, 2021 The International Monetary Fund (IMF) will, today, August 23, 2021, make resources equivalent to US$1 billion available to Ghana, in the form of a Special Drawing Rights (SDR)...

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August 24, 2021 / Comments (0)

Data consolidation ongoing to boost revenue generation – Fin. Minister

June 19, 2020 The Minister of Finance Ken Ofori-Atta has said that the country is to put in place systems to consolidate the data of state agencies in the bid to capture all tax payers – both...

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June 19, 2020 / Comments (0)

BoG releases GH¢5.5 billion to support Covid-19 fight

May 29, 2020 The Bank of Ghana (BoG) has released the first tranche of GH¢5.5 billion of the GH¢10 billion emergency facility the government is seeking to support residual expenditures to cushion the...

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May 29, 2020 / Comments (0)

Bank of Ghana keeps policy rate at 14.5 percent amid COVID-19

May 18, 2020 The Monetary Policy Committee (MPC) of the Bank of Ghana, has maintained the policy rate at 14.5 percent. This is the first time the rate has been kept unchanged after it was reduced by...

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May 18, 2020 / Comments (0)

BoG bails out gov’t with GH¢10bn to close fiscal gap

May 18, 2020 As part of measures to close the yawning budget deficit gap created by impacts of the coronavirus pandemic, the central bank has triggered its emergency financing provision that will allow...

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May 18, 2020 / Comments (0)

Ghana gets $1bn IMF loan to fight COVID-19

April 14, 2020 The International Monetary Fund (IMF) has boosted Ghana’s fight against the novel Coronavirus (Covid-19) pandemic after approving the government’s request for financial support...

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April 14, 2020 / Comments (0)