Parliament ends Easter break, resumes sittings today
A major highlight of the upcoming session will be the expected appearance of the Minister for Finance in August to present the 2025 Mid-Year Budget Review to the House.
A major highlight of the upcoming session will be the expected appearance of the Minister for Finance in August to present the 2025 Mid-Year Budget Review to the House.
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.
President John Dramani Mahama has reaffirmed his administration’s commitment to fiscal discipline
He described the move as regrettable but necessary to restore integrity and accountability to Ghana’s diplomatic operations.
Analysts expect the trajectory to continue upward as Ghana’s digital economy deepens, and regulatory support remains favourable.
The local currency has surged to its strongest performance against its major trading currencies.
The move follows President John Dramani Mahama’s inaugural pledge on January 7, 2025, that “Ghana is open for business.”
“This is the essence of our surveillance system, identifying and responding to suspected cases before confirmation,” Dr. Laryea explained.
“Our goal is to move above 3 t a week” in purchases, up from about 1.5 t a week in January, said Sammy Gyamfi
The two-year programme begins this May and is expected to boost oil production and operational efficiency at one of West Africa’s strategic oil fields.