Government has revised the 2024 macroeconomic framework due to recent domestic and global economic developments, including the debt restructuring programme with external and domestic...
The Electricity Company of Ghana (ECG) suffered a GH¢10.21 billion loss in 2022, worse than the GH¢1.91 billion recorded in 2021.
It represents more than...
The Ghana Association of Savings and Loans Companies (GHASALC) has attributed the consistent increase in Non-Performing Loans (NPL) to public sector workers who take...
Cocoa production will not exceed 500,000 metric tonnes in the 2023/2024 crop season due to the swollen-shoot disease, the World Bank has disclosed in...
Fitch Solutions has maintained its 2024 growth rate forecast for Ghana at 4.3%.
This is far higher than the 2.9% projected by the International Monetary...
The Minister of State at the Finance Ministry, Abena Osei Asare, has argued that the government will continue collecting the COVID-19 recovery levy to...
Economist and Political Risk Analyst, Dr Theo Acheampong has said it was good the government did not request additional funds in the supplementary mid-year...
The President of the Ghana Union of Traders' Associations (GUTA), Dr Joseph Obeng has said the association's primary concern is the stability of the...
The Ghana Ports and Harbours Authority (GPHA) has stated that a group of former casual workers threatening a demonstration over alleged unpaid severance compensation...
The Minerals Income and Investment Fund (MIIF) has launched a scholarship scheme aimed at educating 1000- women from mining communities in the country.
The scholarship...
Economist Dr. Theo Acheampong acknowledges government's clear commitment in the Mid-year budget review to cut spending, influenced by the International Monetary Fund (IMF) programme.
“Were...
Minority Leader, Dr. Cassiel Ato Forson, expressed dissatisfaction with the state of the economy as presented by Finance Minister, Dr. Mohammed Amin Adam during...
Finance Minister, Dr. Mohammed Amin Adam has assured Ghanaians that the government is adhering to its budgetary limits.
During the presentation of the mid-year budget...
Government has announced some key revisions to the country’s macroeconomic fiscal targets for 2024.
Presenting the Mid-year Budget in parliament on July 23, 2024, Finance...
Government has allocated GH¢5.4 billion to bolster the Livelihood Empowerment Against Poverty (LEAP) program, the National Health Insurance Scheme (NHIS), and the school feeding...
Finance Minister, Dr. Mohammed Amin Adam stated that the government is not seeking additional funds in the 2024 mid-year budget review.
He said the government...
The Finance Minister, Dr. Mohammed Amin Adam, says that guided by the Strategic Anchor Industries (SAIs) framework, some 13 vehicle assembly plants have been...
The Finance Minister, Dr. Mohammed Amin Adam has expressed his sympathy for Ghanaians amid the ongoing economic challenges.
He noted that, the past two years...
The Ghana Revenue Authority (GRA) has surpassed its mid-year revenue target by 0.2% this year.
The Finance Minister, Dr. Mohammed Amin Adam, announced this during...
The Finance Minister, Dr. Mohammed Amin Adam, has reported progress in paying investors following the completion of the Domestic Debt Exchange Programme (DDEP) in...
2024 MID-YEAR FISCAL POLICY REVIEW
1. The Right Honourable Speaker, Honourable Members of Parliament, on the
authority of His Excellency, President Nana Addo Dankwa Akufo-Addo, I...
The Finance Minister, Dr. Mohammed Amin Adam, has said the economy is rebounding stronger than anticipated.
He attributed the economic growth to the stabilization of...
The Finance Minister, Dr. Mohammed Amin Adam, is presenting the 2024 Mid-Year Budget Review in Parliament.
This will be his first budget presentation since becoming...
The Africa Center for Digital Transformation (ACDT) has warned banks, savings and loan institutions, and rural banks in Ghana about the heightened risk of...
The Ghana cedi extended its rally against the US dollar last week, amidst rising corporate demand.
The market continued to cling to a potential rate...
The Economic Governance Platform (EGP), a coalition of civil society organisations that focus on economic issues, advocates for a national conversation on sustainable debt...
Ghana’s economic indicators remain on track for 2024 and beyond, the World Bank’s 8th Economic Update for Ghana titled "Strengthening Domestic Revenue Systems for Fiscal Sustainability"...
The Minister for Finance, Dr. Mohammed Amin Adam, per Section 28 of the Public Financial Management Act, 2016 (Act 921), will present to Parliament,...
Nearly 47% of banking customers still favour traditional methods, despite the increasing popularity of digital banking.
This information comes from the 2024 PwC Ghana Banking...
Executive Director of the Institute of Energy Security (IES), Nana Amoasi VII, has expressed concerns about the rapid implementation of the Cylinder Recirculation Model...
The LPG Marketers Association of Ghana is demanding an apology from the Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Hamid for...
The National Petroleum Authority (NPA) has signed an agreement with Senegal and Gambia for the importation of petroleum products from Ghana.
This adds to the...
Vice President of the LPG Marketers Association of Ghana, Gabriel Kumi, has said no LPG management system can be entirely accident-free.
Speaking in an interview...