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Domestic Debt Exchange Programme: Government exceeds 80% sign-on

February 1, 2023 The government has been able to achieve between 80 to 90 per cent sign-on to its Domestic Debt Exchange Programme (DDEP). A Deputy Minister of Finance, John Kumah announced this on an Accra...

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February 1, 2023 / Comments (0)

Deadline for Domestic Debt Exchange Programme extended to Feb 7

February 1, 2023 Government has extended the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023. The Finance Ministry in a press release on Tuesday added that a new settlement date...

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February 1, 2023 / Comments (0)

Private sector credit contracts sharply by 14.5%

January 31, 2023 Private sector credit growth picked up in December 2022, partly reflecting continued portfolio rebalancing by banks and revaluation effects on foreign currency denominated credit, the Bank...

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January 31, 2023 / Comments (0)

Ghana’s eurobonds decline as government offer better terms to local securities investors

January 24, 2023 Ghana’s dollar bonds have fluctuated as concerns rise over the government’s offer of better terms to investors in local government securities, which may shift a bigger burden of a...

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January 24, 2023 / Comments (0)

We’re hopeful of an IMF Board approval by March 2023 – Finance Minister

January 24, 2023 The Finance Minister, Ken Ofori-Atta has indicated that government is hoping to secure an International Monetary Fund (IMF) Board approval by March 2023.  “We are currently working...

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January 24, 2023 / Comments (0)

Economy to rebound next year — Ken Ofori-Atta

January 20, 2023 The Minister of Finance, Ken Ofori-Atta, says the economy will rebound in 2024. He projected a steady growth of 4.8 per cent in the medium-term, between 2024-2026. Ofori-Atta said growth...

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January 20, 2023 / Comments (0)

Headline inflation has peaked – IMF Deputy Boss

January 18, 2023 Gita Gopinath, the International Monetary Fund’s Deputy Boss had said that headline inflation has probably peaked but some of “the more sticky components” such as the services sector...

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January 18, 2023 / Comments (0)

Cedi depreciates marginally to sell at ¢12 to a dollar

January 11, 2023 The Ghana cedi is now selling at ¢12 to the US dollar in the retail or forex market, following days of sustained stability. This is about 0.86% loss in value since the beginning of the...

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January 11, 2023 / Comments (0)

EUROBOND HOLDERS CONSTITUTE COMMITTEE

January 10, 2023 International holders of Ghana’s Eurobonds have constituted bondholder creditor committee in response to Ghana’s announcement suspending   certain categories of external debt pending...

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January 10, 2023 / Comments (0)

S&P downgrades Ghana again to further junk status

December 21, 2022 Global Ratings agency S&P has lowered the sovereign rating on Ghana to ‘selective default’ from CC, a day after the country announced it would suspend its debt payments to some...

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December 21, 2022 / Comments (0)