Gov’t acquires GH¢8.8 billion in T-bills as interest rates hit 30%
This led to an oversubscription of 39.14 percent in the money market.
Economy
Fuel Prices To Drop From 16th January – COPEC
However, this forecast largely depends on the performance of the cedi.
President Mahama, And Vice President Naana Jane Hold Vital Meeting With IMF Team
The meeting, which was held on January 9, 2025, was regarding Ghana debt support programme.
Economic Impacts of Member States Withdrawal from ECOWAS – GITFiC
Our research concludes with practical policy recommendations for ECOWAS, the withdrawing states, and the international community to mitigate negative impacts and promote future regional stability and cooperation.
Government Records 55% Oversubscription In T-bills; Interest Rates Through The Roof
According to action results by the Bank of Ghana, the government got a remarkable GH¢8.075 billion from the sale of the short-term instruments though it was looking for GH¢5.198 billion to refinance the maturing bills.
Mahama’s Tax Cuts: A Bold Gamble for Ghana’s Economy?
The abolition of Port Dues, which contribute GHS 4 billion to government revenue, is intended to boost Ghana’s competitiveness within the AfCFTA
Inflation Rate Increased To 23.8% In December
The Consumer Price Index (CPI) for December 2024 stood at 248.3, indicating a 23 percent increase compared to the same period in 2023.
20 Key Points From President Nana Akufo-Addo’s Final State Of The Nation Address
In his final State of the Nation Address, delivered on January 3, 2025, President Nana Addo Dankwa Akufo-Addo reflected on his eight-year tenure, highlighting significant achievements, challenges, and his vision for Ghana’s future.
The Cedi gains strength against key currencies at Forex bureaus.
Ghana’s local currency, the cedi, is maintaining its upward trajectory against major trading currencies, particularly the US dollar, at various forex bureaus.
Fuel Prices Drop At Filling Stations
Petrol and diesel are seeing marginal reduction after experiencing some increase in the first pricing window in December.