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Economy
Ghana needs 25 years plan of action backed by national consensus
The Founder and President of the Africa Centre for Economic Transformation (ACET) , Dr Kingsley Y. Amoako, has stressed the need for the establishment of a 25 years plan of action…
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High interest on govt’s domestic borrowing creating capital shortage
Deputy Minister of Trade and Industry, Dr Stephen Amoah, says the situation where governments borrow from the domestic market at very high interest rate than the private sector must be…
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Ghana and Paris Club set to sign MoU on debt treatment terms
Ghana and Paris Club are set to sign a Memorandum of Understanding (MoU) in the coming weeks on the terms of bilateral debt treatment.
Ghana and Paris Club to restructure over $5bn…
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E-Levy accrues GH₵861.47m in 11 months
Inflows drop in 2023 due to rate review to 1%
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Mere IMF dictated fiscal discipline not enough to solve problems
Bernard Avle outlines key solutions to fundamental structural challenges
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Ghana’s creditors commit to negotiate debt relief, IMF excited
The Official Creditor Committee comprising Ghana's creditors commit to negotiating a debt restructuring.
This paves the way for the International Monetary Fund (IMF) to approve a $3…
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Banking sector solvent, strong to support economic growth
The Bank of Ghana (BoG) has reiterated that the banking sector remains solvent and strong to support economic growth despite the recent challenges faced by the country.
According to…
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Paris Club to meet on Ghana’s request this week
The Paris Club is expected to meet in France this week for further deliberations on Ghana’s request for debt relief.
The Paris Club, together with other creditors including China,…
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Ofori-Atta hopeful of IMF board approval in June
Finance Minister Ken Ofori-Atta is hopeful that the Executive Board of the International Monetary Fund (IMF) will approve Ghana’s $3 billion balance of payment support loan by the end…
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Yellen appeals for rapid set-up of creditor committee for Ghana
U.S. Treasury Secretary Janet Yellen had called for rapid establishment of a creditor committee for Ghana and completion of debt treatment for Zambia
Room for improvement…
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