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Banking and Finance
Arab Africa Trade Bridges program outlines actions to support developing…
The International Islamic Trade Finance Corporation (ITFC), and its partners have approved an Arab Africa Trade Bridges (AATB)…
Ghana to start accessing $1b IMF cash this week
The Finance Minister, Ken Ofori-Atta says the country should be able to start drawing down the $1 billion IMF rapid credit…
Ghana EXIM Bank donates to support the fight against COVID-19
The GHANA EXPORT-IMPORT BANK (GEXIM), on Wednesday April 8, 2020, presented a cheque for GHS250,000.00 and about 270…
COVID-19 Drives Sub-Saharan Africa toward first recession in 25 years
Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall…
BoG offers $25m to forex dealers in April auction
The Bank of Ghana in its latest auction of forex, accepted $25 million in bids.
This represents 31.74% of the total amount…
Gov’t to raise GH¢17.96bn in bonds from domestic market
Government is seeking to raise a total of 17.96 billion cedis in bonds, from the domestic market for the period spanning April to…
Get ready for wartime levels of national debt and tough choices ahead
Governments are launching one rescue package after another in hopes of preventing economic catastrophe as the coronavirus…
Receivership: CBG issues GHs4bn drawdown bonds to depositors
In line with Government’s commitment to protect depositors’ funds and to shore up public confidence in the financial system,…
African Development Bank approves $2 million emergency assistance for…
The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World…
COVID-19 pandemic hits hard on Ghana’s economy
An update of the fiscal impact analysis of the COVID-19 pandemic on the economy of Ghana has revealed that the country’s economy…