Italy Changes 70% Ghana Debts to Grants in Major Economic Relief Deal
“This is our way of supporting Ghana’s stability and growth,” she said
Economy
Ghana on Alert: GITFiC Sounds the Alarm as Israel-Iran War Threatens to Rock Our Economy
The once “shadow war” between Israel and Iran exploded into full-blown conflict on June 13, 2025—triggering jitters in global markets
GHANA’S CEDI ROARS BACK: GITFIC PROJECTS 29% APPRECIATION IN 2025
In a dramatic turnaround, the Ghanaian cedi is set to solidify its comeback against the U.S. dollar, with the Ghana International Trade and Finance Conference (GITFiC) forecasting an average exchange rate of just 10.02 GHS per USD for 2025—an impressive 28.94% improvement on 2024’s average of 14.10 GHS/USD.
Gov’t, Traders Agree on 60-day Ultimatum to Reduce Prices of Goods
Addressing Journalists after the meeting, Mrs. Ofosu-Adjare hinted that the negotiations have been fruitful and hopes that the outcome will be positive for the economy.
From Deep Slump to Soaring Heights: The GITFiC Examines the Ghanaian Cedi’s Phoenix Moment
In just eighteen months, Ghana’s cedi reversed an 18% slide – falling from GHS 16.53 to GHS 13.47 per USD – through bold policy actions, innovative programs, and national resilience.
PwC shuts operations in 9 Sub-Saharan African countries.
The development marks another turbulent episode for the accounting giant
Tariffs Are Sales Taxes Beneficial to the Targeted Party – The GITFiC
Tariffs are primarily sales taxes, mainly beneficial to the targeted country rather than the imposing country.
Cedi depreciation slows to 5.3% as of March 14 – Ato Forson.
Dr Ato Forson indicated that the Central Bank had maintained tight liquidity measures, ensuring the Cedi remained stable on the interbank forex market.
Treasury bill rates fall below 20% for the first time in 20 months.
The falling T-bill rates signal a shift in the government’s borrowing strategy
Can Ghana Survive Without External Financial Support?
Ghana’s economy is at a critical turning point. With rising debt, inflationary pressures, and ongoing dependence on external funding, a crucial question emerges: