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Economy
IMF forecasts 4.4% growth in Ghana’s GDP for 2025
The International Monetary Fund (IMF) has unveiled a notably optimistic forecast for Ghana’s economic…
Government fails to reach debt deal with international bondholders to…
The country has failed to strike a deal with two bondholder groups to restructure $13 billion of international bonds, government…
March 2024 inflation increases sharply to 25.8%
Inflation for March 2024 increased sharply to 25.8% from 23.2% recorded in February 2024.
This means that in March 2024, the…
New Cash Reserve Ratio could impact negatively on loans, banking – Report
The Bank of Ghana’s decision to set higher cash reserve requirements for commercial banks could impact negatively on credit to the…
“Almost all indicators were worse in 2023 than what you inherited in 2016”…
The Institute of Economic Affairs (IEA) wants the government to accept responsibility for the poor macroeconomic outcomes during…
Government exceeds T-bills target in quarter 1 by 24%; interest rates…
The government exceeded its net borrowing target for treasury bills in the first quarter of 2024 by 24.8% to raise GH¢24.6…
West Africa is now Africa’s mobile money hotspot
Between 2018 and 2022, more than 110 million new mobile money accounts were opened in the region, including 60 million since 2021.…
Economic activity pickup in January 2024 – BoG
The Bank of Ghana’s high-frequency real sector indicators pointed to a continued pickup in economic activity in the first month of…
BoG maintains policy rate at 29%
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (base rate) at 29 percent.
The BoG made a 100 basis points cut…
Agriculture and fisheries agreements: Morocco and the EU are within their…
The Council of the EU and the European Commission had appealed against the decision of the Court of First Instance in the cases…