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‘Investor Protection Fund’ will restore confidence, but debt exchange programme to spur investment withdrawals – PwC

December 7, 2022 Auditing and accounting firm, PwC, is upbeat the Investor Protection Fund outlined in the 2023 Budget would restore investor confidence which it describes as low due to the various rating...

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December 7, 2022 / Comments (0)

Germany commits €82m grant to economy

December 7, 2022 The Government of the Federal Republic of Germany has committed to invest about €82 million in grants into critical sectors of the Ghanaian economy next year. The German government made...

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December 7, 2022 / Comments (0)

Government to suspend interest payments for domestic bondholders and impose 30% haircut on foreign bonds

November 25, 2022 JoyNews can confirm that government is set to suspend interest payments for domestic bondholders and impose a 30% haircut on foreign bonds. Speaking exclusively to JoyNews after the...

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November 25, 2022 / Comments (0)

2023 Budget hinges on 7-point agenda for economic transformation – Ofori-Atta

November 25, 2022 Finance Minister, Ken Ofori-Atta has pointed out that the 2023 Budget is anchored on a seven-point agenda aimed at restoring macro-economic stability and accelerating Ghana’s economic...

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November 25, 2022 / Comments (0)

IMF programme will restore macroeconomic stability – KPMG 2023 Pre Budget Survey

November 21, 2022 Sixty nine percent of industry leaders are confident the International Monetary Fund programme will help restore macroeconomic stability, a survey conducted by accounting and auditing firm,...

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November 21, 2022 / Comments (0)

Interest rates near 36% as government achieves T-bills target

November 21, 2022 Interest rates neared 36% on the money market, though fell short of the October 2022 inflation of 40.4%. This indicates that the return on investments remains negative. According to the...

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November 21, 2022 / Comments (0)

BoG to continue policy rate hiking cycle as part of IMF condition – Fitch Solutions

November 21, 2022 The Bank of Ghana will continue its policy rate hiking cycle, increasing the benchmark interest rate to 27% by the end of 2023. According to international research institution, Fitch...

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November 21, 2022 / Comments (0)

Outlook of cedi to depend on whether Ghana reaches IMF agreement – Fitch Solutions

November 18, 2022 The outlook of the Ghana cedi will depend on whether Ghana reaches an agreement with the International Monetary Fund (IMF) and obtain funding in the months ahead. According to Fitch...

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November 18, 2022 / Comments (0)

November 9, 2022 Fitch Solutions predicts disinflation process for Ghana in 2023; inflation to average 18.7% International research institution, Fitch Solutions, is forecasting a disinflation process for...

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November 9, 2022 / Comments (0)

Negotiation with IMF positive outlook for economy – Akufo-Addo

October 26, 2022 President Nana Addo Dankwa Akufo-Addo has assured Ghanaians that the negotiations and subsequent agreement with the International Monetary Fund (IMF) heralds a positive outlook for the...

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October 26, 2022 / Comments (0)