As Ghana prepares for its upcoming elections, concerns arise regarding the potential impact on the country’s economic stability, particularly within the framework of the current IMF program. The heightened focus ...
The Treasury could hit a snag in managing its deficit as commercial banks, which own more than 35 percent of Treasury bills, are likely to start selling them off to ...
The Bank of Ghana has disclosed that the government will need to strengthen its commitment controls in addition to aggressively pursuing its revenue mobilization measures in order to meet its ...
Provisional data on the balance of payments show that the current account deficit deteriorated from 2.4 percent of GDP (US$1,860.3 million) in September 2021 to 2.8 percent of GDP (US$1,831.6 ...
African Export-Import Bank (Afreximbank) has pledged its commitment to support Africa in bridging its climate finance deficit currently worth $250 billion. Denys Denya, Afreximbank’s Executive Vice President of finance, administration ...
Former Finance Minister, Seth Terkper, has expressed worry about the undue burden being placed on the Bank of Ghana which now supports about two-thirds of the country’s budget, a situation ...
The government has revised its expenditure and revenue targets for the 2022 fiscal year which resulted in a fiscal deficit of 6.6% of GDP compared to the 7.4% targeted at ...
Ghana’s current account deficit is expected to widen by 0.6 percentage points in 2022 compared to last year as the country is projected to import more goods and services this ...
Toronto-listed, Xtra Gold Resources, after assessing the risks associated with its portfolio of assets in Ghana for year-end 2021, has concluded it will continue to rely on private financing to ...
Ghana’s Gross International Reserves were down by US$147.2 million in the first two months of the year, representing 1.5 percent decline in the country’s reserves when compared to the figure ...
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