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Fitch Solutions reiterates stronger economic recovery for Ghana in 2024

November 11, 2024 Fitch Solutions has emphasized a stronger-than-expected economic recovery in Ghana this year. In its latest Sub-Saharan Africa Update, the UK-based firm said robust growth is ahead...

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November 11, 2024 / Comments (0)

Ghana’s debt to ease to 70% of GDP in 2024; another debt default unlikely – Fitch

October 23, 2024 Ghana’s debt is expected to decline to 70% of Gross Domestic Product (GDP) in 2024 from 77% of GDP in 223. It is also expected to narrow to 68% in 2025 and 2026 respectively. According to...

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October 23, 2024 / Comments (0)

KPMG Calls for swift implementation of proposed tax measures in previous budgets to boost tax revenue

August 21, 2024 Auditing and Accounting firm, KPMG is pressing on government to as a matter of urgency get proposed tax measures and legislations in previous budgets and economic statements approved and...

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August 21, 2024 / Comments (0)

Fitch Solutions revises Ghana’s 2024 growth rate upwards to 4.3%

June 26, 2024 Fitch Solutions has revised Ghana’s real Gross Domestic Product (GDP) growth for 2024 to 4.3%, from the previous 3.8%. The London-based firm is also forecasting an expansion of the...

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June 26, 2024 / Comments (0)

Ghana’s economy hits GHȼ1 trillion mark: A mixed bag of success and struggle

May 28, 2024 In a significant stride forward, Ghana’s economy has achieved a significant milestone by crossing the GHȼ1 trillion Gross Domestic Product (GDP) threshold, a projection initially...

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May 28, 2024 / Comments (0)

Ghana’s economy grew by 2.9% in 2023 – GSS

March 20, 2024 Ghana’s economy recorded a 2.9% Gross Domestic Product (GDP) growth in 2023, stronger than the revised 1.5% by the Finance Ministry. The growth rate is slower than the 3.1% recorded in...

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March 20, 2024 / Comments (0)

28 developing countries including Ghana remain stuck in debt trap – World Bank

February 21, 2024 The World Bank has disclosed that 28 developing economies including Ghana with – the weakest credit ratings – remain stuck in a debt trap with no hope of escape anytime soon....

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February 21, 2024 / Comments (0)

Ghana’s fiscal deficit to narrow to 4.5% of GDP in 2024; GH¢55.93bn to be spent on interest  payments

February 5, 2024 Ghana’s fiscal deficit to Gross Domestic Product (GDP) ratio is expected to narrow to 4.5% ± 50 basis points in 2024, Databank Research has disclosed. This is due to interest savings...

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February 5, 2024 / Comments (0)

Total exports hit $16.6 billion at end-2023 – BoG

January 29, 2024 Latest data from the Bank of Ghana’s Summary of Macroeconomic and Financial Data for January 2024, shows that the country as of December 2023 had received $16.6 billion from its exports...

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January 29, 2024 / Comments (0)

Ghana’s fiscal economy to improve significantly; Fiscal deficit to GDP estimated at 5.0% in 2024 – IMF

January 22, 2024 Ghana’s fiscal economy is expected to improve significantly in the next four years as the International Monetary Fund (IMF) is projecting a lower fiscal deficit to Gross Domestic Product...

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January 22, 2024 / Comments (0)