T-Bill auction Undersubscribed as Government Misses Target by GH₵2.03bn
The Government falls short of its target by GH₵2.03billion as Treasury bills were undersubscribed last week. The Treasury accepted bids
Economy
BoG Governor downplays cedi slippage, cites seasonal trade pressures
Governor of the Bank of Ghana, Dr. Johnson Asiama, has clarified that the recent depreciation of the cedi should not
BOG Directives; Banks to effect 5% fee on forex withdrawals.
Following new guidelines from the Bank of Ghana, Commercial banks in Ghana have begun enforcing a 5% fee on foreign
BoG enforcement of FX measures is in the right direction – IMF
The International Monetary Fund (IMF) has maintained that it fully endorses the Bank of Ghana’s strict enforcement of foreign exchange
Ghana’s debt-to-GDP ratio to reach 60% by the end of 2025: IMF Projects
The International Monetary Fund (IMF) has projected Ghana’s public debt to settle at around 60% of Gross Domestic Product (GDP)
Ghana still reigns as Africa’s gold king with 4.8 million ounces in 2024 – Chamber of Mines
Ghana is still holding on to its position as the biggest gold producer in Africa, according to the President of
World Bank disburses $360 million to support Ghana’s economy
The World Bank has disbursed $360 million from its International Development Association (IDA) for Ghana. The disbursement is coming under
Mahama details new funding guidelines for district development
President John Dramani Mahama has disclosed that district assemblies across Ghana are now receiving 80 percent of their allocations directly
GIPS urges rethink of Procurement to fuel economic transformation
The Ghana Institute of Procurement and Supply (GIPS) is advocating a complete overhaul of the nation’s procurement strategy, positioning it
Stronger cedi, Stronger Economy: Mahama Rolls out Measures for Real Value and Stability.
Staying within a band of around 5% per annum, President John Dramani Mahama has projected that the cedi’s depreciation will