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Economy
Govt disburses GH₵30bn to key sectors in 6 months
The government has disbursed over GH₵30.535 billion to various sectors within the first six months of this year to support ongoing initiatives and clear outstanding payments.
This…
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GH¢9.9bn spent on 5.7m Free SHS students since 2017
Government has spent GH¢9.9 billion on the Free Senior High School (SHS) policy since its implementation in September 2017.
This initiative has benefited 5.7 million young people, many…
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World Bank highlights Ghana’s economic progress amid challenges
The World Bank's eighth Ghana Economic Update reveals that Ghana has made "steady progress" towards economic stabilization over the past year, though several challenges remain.
The…
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Finance Minister engages Arab Coordination Group on $12 billion growth strategy
Dr Mohammed Amin Adam, Minister for Finance and Economic Planning, has engaged members of the Arab Coordination Group to support Government's growth strategy which targets an investment…
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GRA rakes in GH₵68bn In 6 Months an increase of 37.6% nominal growth
The Ghana Revenue Authority (GRA) has surpassed its mid-year revenue target, mobilizing over GH₵68 billion (GH₵68,049.33 million) as of June this year.
This achievement exceeds the set…
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Import tax exemptions, tax waivers amounts to GH₵30.7bn in 7yrs
The total tax waivers granted to companies and import tax exemptions over the past seven years amounted to GH₵30.7 billion.
It consists of GH₵11.7 billion in tax waivers for companies…
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Cement dealers absorb GH₵35 of cost to cushion Ghanaians
Cement dealers in Ghana have taken a significant step to support the market by absorbing GH₵35 of the current price of cement, despite a 104% depreciation of the cedi since 2022.
An…
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Debt servicing to cost govt $600m-$800m this year
The government will need between $600 million and $800 million for external debt servicing this year, with approximately $477 million allocated for Eurobond debt service.
IC Africa…
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Economic Experts Emphasize Fiscal Discipline to sustain recovery
The inaugural quarterly Economic Roundtable forum, themed "Restoring Macroeconomic Stability," saw key speakers emphasize the urgent need for the Ghanaian government to ensure strict…
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Financial sector mess: Dr Addison bemoans slow pace of prosecutions
Governor of the Bank of Ghana (BoG) Dr. Ernest Addison, has voiced his concerns regarding the slow pace of prosecution for shareholders of banks and financial institutions implicated in…
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