GHANA GOLD BOARD TO BE LAUNCHED BY MARCH 8, 2025.
19-member Technical Committee tasked to develop a legal and operational framework for the establishment of Ghana Gold Board was inaugurated in Accra yesterday.
Economy
BoG: Monetary Policy Rate Remains Unaffected At 27% After First Meeting Of 2025
Governor of the Bank of Ghana, Dr. Ernest Addison, explained that the central bank’s latest inflation forecast indicated a steady decline, with a return to the disinflation path over an extended time horizon to achieve the medium-term target of 8 ± 2 percent.
THE NEED FOR EFFECTIVE PUBLIC-PRIVATE COLLABERATIONS TO BOOST GHANA’S ECONOMIC GROWTH.
The government’s significant role in economic activity has led to substantial procurement spending, which has resulted in high debt levels. The concept of Public-Private Partnerships (PPPs) has gained popularity as a solution to this challenge. PPPs enable the private sector to participate in government projects, providing financing and technical expertise.
Public Debt Falls to GH¢736 Billion in Ghana
This reduction represents a 3.3 percent decrease within a month and reflects efforts to stabilise the country’s fiscal outlook. The decline in the public debt stock has been attributed to adjustments in external and domestic debt levels during the period under review.
Imposed 25% tariffs on Mexico and Canada to take effect on Feb 1 says president Trump
President Trump said on Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
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.
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.