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Economy
Mahama: I’m not opposed to debt restructuring, expedite dialogue
Former President John Dramani Mahama says he is not opposed to the domestic debt exchange programme the government is pursuing.
he said this is because debt restructuring is a…
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Committee proposes ways govt can save GH₵83.5bn
A technical committee set by government has made over 20 proposals comprising expenditure cuts and revenue generation measures that have the potential to yield net savings of GH₵83.5…
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Debt exchange: Breakdown of domestic bondholders revealed
The push for exemption from the GH₵137.3 billion domestic debt exchange programme by various groups has put the arrangement which is critical to securing International Monetary Fund…
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Ghanaian CSOs call on private lenders to cancel external debt
Some Ghanaian Civil Society Organisations (CSOs) are calling on international lenders to cancel enough of Ghana’s debt to make it sustainable.
They admonished called G20, and UK to…
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Domestic Debt Exchange deadline extended again to January 31
Government has further extended the deadline to register for its domestic debt exchange programme to January 31, 2023.
The extension is enable government further engagement with…
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Inflation ends 2022 at 54.1% from 13.9% in January
Inflation accelerated for the 19th straight month in December to end the year 2022 at 54.1%. This is up from 50.3% in November 2022.
Figures from the Ghana Statistical Service (GSS)…
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Govt suspends external debt payment to avoid further deterioration
Ghana has suspended debt service payments on certain categories of external debt pending an orderly restructuring of the affected obligations.
It includes Eurobonds, commercial loans…
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Ofori-Atta: Resisting debt exchange inimical to economic recovery
Minister of Finance, Mr Ken Ofori-Atta has cautioned that “a destabilized macro-economic environment is the greatest enemy to the value of workers’ pensions,” and called on the Trades…
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Ghana, IMF agree $3bn deal subject to Board approval
Ghana and the International Monetary Fund (IMF) have reached staff-level agreement on economic policies and reforms to be supported by a new three-year arrangement under the Extended…
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Parliament approves 2023 Budget for govt to spend GH₵205bn
Parliament has approved the Budget Statement and Economic Policy of the government for the fiscal year ending December 31, 2023.
This was after a heated debate between the Majority…
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