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World Bank approves US$570m loan, grant to MoF

January 22, 2020 The World Bank has approved a total loan and grant amount of US$569.39 million to the Ministry of Finance (MoF) to undertake four different development projects. The fund, which includes...

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January 22, 2020 / Comments (0)

JANUARY 2020 GLOBAL ECONOMIC PROSPECTS: Slow growth, policy challenges

January 10, 2020 HIGHLIGHTS The world economy is poised for a modest rebound this year, but outlook is fragile. Emerging, developing economy growth to accelerate in 2020 as some emerging economies recover...

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January 10, 2020 / Comments (0)

New companies Act will improve business climate – CJ

December 10, 2019 The Chief Justice, Madam Sophia Akuffo, has said that the new Companies Act 2019 will transform the business environment in Ghana and ensure that the country climbs up on World Bank’s...

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December 10, 2019 / Comments (0)

Finance minister leads delegation to IMF/WB annual meetings

October 16, 2019 The Minister of Finance, Mr Ken Ofori-Atta, is the leader of Ghana’s delegation to the International Monetary Fund (IMF) / World Bank annual meetings which takes place this week, October...

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October 16, 2019 / Comments (0)

Ghana, among fastest-growing economies in the world — Report

October 10, 2019 Ghana is among the fastest-growing economies in the world, a World Bank report has stated. The other countries are Ethiopia, Rwanda and Cote d’Ivoire. The four countries, which are...

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October 10, 2019 / Comments (0)

World Bank approves US$200m to transform and diversify economy for sustainable jobs

July 5, 2019 The World Bank has approved a US$200million facility to promote private investment and firm growth in the non-resource-based sectors of Ghana’s economy. The US$200million funded project...

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July 5, 2019 / Comments (0)

Diversify economy to avoid debt distress ; World Bank Rep. advises government

June 13, 2019 Ghana needs to diversify its economy and widen the country’s tax net in order to avoid falling into debt distress, the World Bank Country Director for Ghana, Liberia and Sierra Leone, Mr...

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June 13, 2019 / Comments (0)

BoG secures GH¢900m to sanitise microfinance sector

May 28, 2019 The Bank of Ghana (BoG) has received GH¢900 million to undertake a clean-up of the troubled microfinance sub-sector of the financial services industry. The move is part of cleaning up the...

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May 28, 2019 / Comments (0)

RGD attains World Bank standardisation after reforms

May 24, 2019 The Registrar General’s Department (RGD), upon completion of a unification exercise on all the entities involved in business registration, has indicated that it has attained the World...

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May 24, 2019 / Comments (0)

Ghana topples South Africa as continent’s leading gold producer

May 14, 2019 Ghana has become the largest gold producer in Africa, toppling South Africa in a recent data released by the World Bank. The data said Ghana exported 158 tonnes of gold in 2018, about 15...

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May 14, 2019 / Comments (0)