private sector
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KPMG predicts doubling of Ghana’s growth rate in 2024

November 6, 2023 Auditing and Accounting firm, KPMG, is predicting a doubling of Ghana’s Gross Domestic Product (GDP) growth in 2024. The forecast, it said, is based on some expected foreign inflows which...

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November 6, 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)

AfCFTA: More efforts needed to drive private sector participation – Ahomka-Lindsay

April 19, 2021 A former deputy Minister of Trade and Industry, Robert Ahomka-Lindsay says if more is not done to drive private sector participation in the Africa Continental Free Trade Area (AfCFTA),...

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April 19, 2021 / Comments (0)

President assures of quick economic recovery; Calls for partnership with private sector

November 11, 2020 President Nana Addo Dankwa Akufo-Addo has assured the country that his government will do everything within its ability to bring about the recovery of the economy from the impact of the...

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November 11, 2020 / Comments (0)

AfCFTA Secretariat to launch new digital payment platform to facilitate trade

October 21, 2020 The Africa Continental Free Trade Area (AfCFTA), is set to launch a payment and settlement digital platform with the aim of enhancing market access within the region. The Secretary-General...

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October 21, 2020 / Comments (0)

Ghana among four countries to receive UNDP COVID-19 Private Sector Global Facility

September 24, 2020 Ghana has been named as one of the four countries to receive support from the COVID-19 Private Sector Global Facility announced at the SDG Business Forum at the 75th UN General Assembly to...

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September 24, 2020 / Comments (0)

IEA backs BoG’s GH¢10bn bailout decision, Commends it for interventions to support private sector

June 8, 2020 The Institute of Economic Affairs (IEA) has commended the Bank of Ghana’s measures introduced to support banks and the economy deal with impacts from the coronavirus pandemic, including...

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June 8, 2020 / Comments (0)

More banks’ deposits given as loans … as private sector sees increased capital support

April 30, 2020 A new banking sector report (March 2020) published by the Bank of Ghana has shown that more than half of banks’ deposits mobilised between February 2019 and February 2020 went into loans,...

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April 30, 2020 / Comments (0)

Private sector accounts for GH¢6.7bn of bad loans – Banking sector report

November 7, 2019 Out of the total amount of bad loans that have become an albatross around the neck of banks in the country, the private sector alone accounts for more than 97 percent of it, the Banking...

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November 7, 2019 / Comments (0)

‘Aviation is the next growth pole’

August 9, 2019 The on-going reforms in the aviation sector and adoption of innovative ways to attract private capital will make it the next growth pole, capable of stimulating economic development in...

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August 9, 2019 / Comments (0)