IMF Regional Economic Outlook Report — Ghana in perspective

May 2, 2023 Sub-Saharan African countries are facing a funding squeeze due to persistent global inflation and tighter monetary policies, resulting in higher borrowing costs and pressure on exchange...

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May 2, 2023 / Comments (0)

Ghana’s public debt to GDP decreased by 1% despite debt restructuring – Fitch

April 26, 2023 Despite a significant redemption reprofiling and a substantial reduction in interest rates, Ghana’s public debt-to-Gross Domestic Product (GDP) has only decreased by one percentage point...

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April 26, 2023 / Comments (0)

Economy expands by 3.1% in 2022 – GSS

April 19, 2023 Provisional estimates from the Ghana Statistical Service indicates that Ghana’s economy expanded by 3.1% in 2022, 0.6% lower than 3.7% forecast by the government. This is below Ghana’s...

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April 19, 2023 / Comments (0)

Government’s 2023 revenue target unrealistic – Fitch Solutions

March 8, 2023 Fitch Solutions had said in its 2023 February Africa Monitor Report that Ghana’s 2023 revenue target is unrealistic. In 2023, the government intends to collect total revenue and grants...

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March 8, 2023 / Comments (0)

IMF, World Bank urged to support manufacturing sector

September 28, 2022 The Alliance for Development and Industrialisation (ADI), a think-tank, has called on the International Monetary Fund (IMF) and the World Bank to channel their financial assistance for...

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September 28, 2022 / Comments (0)

Economy grows 4.8% in second quarter

September 26, 2022 The country’s economy has seen an impressive growth in second-quarter of the year, as figures released by the Ghana Statistical Service show it grew by 4.8 percent; thereby minimising...

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September 26, 2022 / Comments (0)

GDP likely to hit double digit if industry gets support – ADI

September 26, 2022 Ghana’s Gross Domestic Product, (GDP), is most likely to hit a double digit in the next couple of years if the private sector is given the need financial support. According to the...

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September 26, 2022 / Comments (0)

Treasury building-up cash buffers

August 9, 2022 After months of comparatively lower uptake of Treasury securities by investors, stifling its ability to cover up its maturing debts, there is a build-up of cash buffers, following the...

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August 9, 2022 / Comments (0)

Ghana gets $1bn pledge from banks to spur finances

June 13, 2022 International banks have pledged to lend Ghana $1 billion for budget purposes and to boost central bank reserves as the country seeks to cut its fiscal deficit and stabilize the local...

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June 13, 2022 / Comments (0)

SIGA to contribute 50 per cent revenue to GDP

June 7, 2022 Mr Edward Boateng, Director General, State Interests Governance Authority (SIGA), says the Authority is working to ensure that Specified Entities (SE) contribute 50 per cent of their...

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June 7, 2022 / Comments (0)