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Finance
Fidelity bank, FNB fined, suspended from forex trade over breaches
The Bank of Ghana (BoG) has fined and imposed one-month suspension of the foreign exchange (forex) licenses of Fidelity Bank and First National Bank (FNB) for breaching forex…
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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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IMF directs BoG to scrap supply of cheap dollars to BDCs
Recipe for cedi depreciation and high fuel prices at pumps
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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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Low salaries: 502,855 workers paid GH₵500 or less a month
The reason retirees receive low pensions
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Ghana’s bilateral creditors set to clear way for $3bn IMF bailout
Ghana hopes to take a big step towards restructuring its $58bn-worth.
Ghana’s bilateral creditors set to clear way for $3bn International Monetary Fund (IMF) bailout Accra’s finance…
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Kamala Harris: US to engage Ghana’s creditors for debt reduction
Vice-President of the United States of America Kamala Harris pledged the commitment of her country to engage the Paris Club of behalf of Ghana which is seeking debt forgiveness as part…
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Ofori-Atta says creditors agree to form Committee on Ghana
Finance Minister Ken Ofori-Atta, has disclosed that Ghana has made significant progress in its discussions for debt treatment with the Paris Club and other bilateral creditors.…
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IMF deal: MPs vote on critical revenue bills today
Parliament is expected to vote today on the Income Tax (Amendment) Bill, Excise Duty and Excise Tax Stamp (Amendment) Bills as well as the Growth and Sustainability Levy Bill.…
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