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Economy
Inflation accelerates to 37.2% in September, highest in 21 years
Consumer inflation has risen from 33.9% in August to 37.2% in September reaching 21 year high.
Government Statistician, Prof. Samuel Kobina Annim, said the month of September 2022,…
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AfCFTA: 8 African countries kick-start free trade with 96 products
Eight countries have commenced guided trading under African Continental Free Trade Area (AfCFTA).
The initiative seeks to test the operational, institutional, legal, and trade policy…
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IMF: Constructive negotiations with Ghana to continue in USA
The International Monetary Fund (IMF) has described its second round of negotiation with Ghana for a loan support facility for the country’s homegrown economic programme as…
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IMF Bailout: BoG pushes for speedy conclusion of discussions
Governor of the Bank of Ghana (BoG) and Chairman of the Monetary Policy Committee (MPC), Dr Ernest Addison has underscored the need for a swift conclusion of discussions with the…
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IMF begins analysis of Ghana’s ability to meet debt obligations
The International Monetary Fund (IMF) has started analysing Ghana’s ability to finance its policies as well as its capacity to pay principal and interest on loans on time.
This is…
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BoG’s gold holdings to rise to 12.2 tonnes by end of year
Gold producing member companies of the Ghana Chamber of Mines will, between now and December 2022, sell about 125,000 ounces of gold the equivalent of 3.5 tonnes of gold to the Bank of…
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Ghana’s economy expands 4.8% in second quarter of 2022
The economy grew 4.8% year-on-year in the second quarter of 2022 compared with 4.2% for the same period of 2021.
3.3% GDP growth in first quarter
It accelerated from a 3.3% rise…
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Inflation rises to 33.9%, highest since August 2001
The cost of food and services known as the Year-on-Year inflation rate for August 2022 in Ghana has increased to 33.9 per cent, up from 31.7 per cent in July.
Highest since August…
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Dr. Boako: Ghana’s return to IMF is necessary to fix economy
Dr. Gideon Boako, the Economic Adviser and spokesperson to Vice-President, Dr. Mahamudu Bawumia, has described the government’s decision to seek the support of the International…
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IMF MD: $3bn Ghana deal to be finalised before end of year
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, has assured that a deal between Ghana and the Fund should be reached and finalized before the end of the…
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