IMF suggests govt may reintroduce 15% VAT on electricity as inflation declines

August 20, 2024 The International Monetary Fund (IMF) has revealed that the government may reinstate the suspended 15 percent value-added tax (VAT) on electricity if the inflation rate continues to...

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August 20, 2024 / Comments (0)

Stock market to sustain positive momentum through year-end

August 7, 2024 Brokerage firm, Databank is forecasting the positive performance of the Ghana Stock Exchange to continue in the second half with the stock market expected to close the year at 4,380 points....

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August 7, 2024 / Comments (0)

Govt is committed to stay the course on implementation of the IMF programme – Finance Minister

August 7, 2024 Significant progress has been made in the implementation of the International Monetary Fund (IMF) programme, the Minister of Finance Dr Mohammed Amin Adam has said. He said the progress has...

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August 7, 2024 / Comments (0)

Government borrowed GH¢115.77bn in half-year 2024, but interest rates declined sharply

August 7, 2024 The government borrowed GH¢115.77 billion from the treasury market in the first-half of 2024, representing a 70.22% increase over the same period last year. During the first six months of...

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August 7, 2024 / Comments (0)

Macroeconomic outlook remains positive but downside risks persist – IMF

July 22, 2024 Ghana’s macroeconomic outlook remains positive but subject to significant downside risks, the International Monetary Fund has revealed in its Second Review of Ghana’s Extended Credit...

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July 22, 2024 / Comments (0)

IMF maintains global growth forecast at 3.2% for 2024

July 18, 2024 Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2% in 2024 and 3.3% in 2025. According to the International Monetary Fund, global...

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July 18, 2024 / Comments (0)

Govt inches close to reaching deal with Eurobond holders

June 5, 2024 The government is nearing a deal with Eurobond holders regarding debt restructuring, following substantial progress made on the new terms for settling the $13 billion owed to creditors....

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June 5, 2024 / Comments (0)

IMF bailout: We’re confident of securing third tranche – Amin Adam

April 24, 2024 The Finance Minister, Dr Mohammed Amin Adam has expressed confidence that the International Monetary Fund (IMF) will release the third tranche of the three billion dollar bailout once an...

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April 24, 2024 / Comments (0)

The worst is over for Ghana’s economy – IMF Mission Chief

April 24, 2024 The International Monetary Fund (IMF) Mission Chief for Ghana, Stéphane Roudet, has indicated that Ghana’s economy has seen its worst level and it’s now set for full recovery. However,...

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April 24, 2024 / Comments (0)

Ghana to return to 5.0% GDP growth from 2026 –World Bank

April 10, 2024 The World Bank is expecting Ghana’s growth rate to reach 5.0% by 2026. This is coming after it projected a marginal 2.9% Gross Domestic Product (GDP) growth for 2024, higher than the...

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April 10, 2024 / Comments (0)