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IMF commends Ghana for effectively managing COVID-19 pandemic

May 19, 2021 The International Monetary Fund (IMF), says Ghana has effectively managed the COVID-19 pandemic. The commendation was contained in a statement after a team led by Carlo Sdralevich paid an...

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May 19, 2021 / Comments (0)

Collaborative support needed to reset Ghana’s post COVID-19 economy – First Deputy Governor

May 19, 2021 The First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari has stated that resetting Ghana’s economy back to resilience would be a gradual process over the next two or three...

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May 19, 2021 / Comments (0)

Raise revenue, control spending to bring debt down – IMF to gov’t

May 18, 2021 The International Monetary Fund (IMF) has advised government to prioritise controlling spending and generating more revenue in order to reduce the country’s debt burden which has been...

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May 18, 2021 / Comments (0)

BOST begins petroleum product re-export, poised to lead downstream oil industry transformation

May 11, 2021 The Bulk Oil Storage and Transportation (BOST) has begun the re-export of refined petroleum products to some landlocked countries. Last month, the company delivered about 70-long fuel...

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May 11, 2021 / Comments (0)

IMF backs tax increments to save Africa from debt distress

May 7, 2021 The International Monetary Fund (IMF) has backed African governments to use tax increments as a means of raising more revenue in order to reduce borrowing as they continue to fight the...

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May 7, 2021 / Comments (0)

Moody’s keeps economy’s credit outlook at B3 negative

April 21, 2021 Points to elevated debt burden Weak debt affordability Revenue underperformance and Elevated exposure to international capital flow reversal Global credit rating firm, Moody’s Investor...

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April 21, 2021 / Comments (0)

‘Ghana is a haven of peace, investments are protected’ – Akufo-Addo to Spanish investors

March 30, 2021 “As most of you know, Ghana is a haven of peace, security and stability, indeed, the safest country in West Africa, where legitimate investments are protected. We have witnessed, through...

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March 30, 2021 / Comments (0)

Parliament endorses 2021 Budget

March 22, 2021 With a majority decision of 137 to 134, Parliament on Friday approved the 2021 Budget after four days of heated debate in the House. This has paved the way for the government to spend...

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March 22, 2021 / Comments (0)

Economy to rebound strongly as GDP growth nears 5% – Akufo-Addo

March 10, 2021 President Akufo-Addo says Ghana is expected to have a GDP growth rate of about 5 percent following a year affected by the COVID-19 pandemic. Speaking during his State of the Nation address,...

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March 10, 2021 / Comments (0)

Pandemic’s new wave pushes BoG to stay policy rate again

February 2, 2021 For the fifth consecutive time, the Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at its current rate of 14.5 percent, following risks to inflation and...

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February 2, 2021 / Comments (0)