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Economy
Dr. Boako criticizes Finance Ministry-BoG disconnect
Deputy Ranking Member on Parliament’s Finance Committee, Dr. Gideon Boako, has expressed concern over the apparent lack of coordination between the fiscal and monetary authorities in…
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Fidelity Bank disbursed GH₵427m SME loans in 2024
Fidelity Bank Ghana has reinforced its commitment to Ghana’s economic growth by disbursing GH₵427 million in Small and Medium Enterprises (SME) loans in 2024.
This financial injection…
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World Bank report reveals critical challenges in doing business in Ghana
The World Bank Group has launched the Business Ready (B-READY) Report in Ghana, providing a comprehensive assessment of the country’s business environment and identifying key areas for…
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How was GH₵16.6bn tax refund abused?
Finance Minister Dr. Cassiel Ato Forson has made startling revelations about the alleged abuse of GH₵16.6 billion from the Tax Refund Account of the Ghana Revenue Authority (GRA).…
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Govt to reopen domestic bond market
Dr Cassiel Ato Forson, the Minister of Finance, said the Government will take steps to reopen the domestic bond market to extend the maturity profile.
The reopening will be executed…
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IWD: Women, the heart of Africa’s economic transformation-Dr. Kategekwa
In a world striving for sustainable development and inclusive progress, women remain a crucial yet underutilized force in Africa’s economic future.
Dr. Joy Kategekwa, Director of the…
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Additional GH₵10.45bn needed to complete financial sector clean-up
The financial sector clean-up exercise in Ghana is far from over, with an additional GH₵10.45 billion still required to address remaining legacy issues and emerging risks.
This is…
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Economy grew by 5.7% to GH¢1.17 trillion, debt to GDP now 61.8% under NPP
Ghana’s economy expanded by 5.7% in 2024, reaching a total GDP of GH¢1.17 trillion. However, the fourth quarter of the year saw a significant slowdown, with growth dropping to 3.6% from…
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4 New taxes, levies imposed, 4 others scrapped
The government has introduced two new taxes and levies, extended the duration of two existing taxes which expired at the end of 2024, and scrapped four levies and taxes as part of its…
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Govt faces GH₵56.9bn cash flows deficit in 2025
Government’s fiscal outlook for 2025 presents a significant budget deficit challenge, as government expenditure continues to outpace revenue generation.
With total spending projected…
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