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Economy
Consumer spending rises by 63.1% in seven months
In July 2023, Ghana’s economic landscape witnessed a noteworthy surge in consumer spending, marking a promising trend that has…
Outstanding credit to private sector stands at GHS 65.9bn as at end-August…
Per the September 2023 Monetary Policy Committee (MPC) report issued by the Bank of Ghana, outstanding credit extended to the…
Ecobank Ghana disburses $600 million via XpressLoan, incurs $24 million…
Ecobank Ghana has to date disbursed almost US$600 million to 3.2 million Ghanaians via its micro loans product, XpressLoan on MTN…
Abossey Okai Spare Parts Dealers to close shops on November 1, 2023
The Abossey Okai Spare Parts Dealers have resolved to close down shops on November 1, 2023, to protest actions by the Ghana…
Ghana gets $540m from petroleum revenue fund in 6 months – PIAC
Latest report from the Public Interest Accountability Committee’s (PIAC) 2023 semi-annual report has shown that Ghana made a total…
I am positive IMF’s Board will approve second tranche of $600m – Ofori-Atta
The Finance Minister, Ken Ofori-Atta, is optimistic that the board of the International Monetary Fund (IMF) would approve the…
IMF must adapt lending toolkits to serve vulnerable members– Dr…
The Governor of the Bank of Ghana, Dr Ernest Addison has asked the International Monetary Fund (IMF) to adapt its lending toolkits…
Ghana: IMF forecasts reduction in fiscal deficit to 2.8% of GDP over the…
The International Monetary Fund (IMF) is forecasting a significant reduction in Ghana’s fiscal deficit as a percentage of Gross…
IMF awaits Ghana’s agreement with bilateral creditors before releasing next…
The International Monetary Fund (IMF) says it is waiting for the outcome of Ghana’s engagement with its bilateral creditors before…
September inflation falls to 38.1% from 40.1%
Ghana’s inflation rate fell to 38.1% in September 2023, from 40.1% in August, according to the Ghana Statistical Service (GSS).…