GoG Discloses Its Plans To Securitize $3.3bn Of Loans Owed To BoG Into Bonds
The Government of Ghana (GoG) has disclosed it plans to convert an estimated $3.3 billion of loans owed to the Bank of Ghana (BoG) into bonds, making the Central Bank ...
Tag: International Monetary Fund (IMF)
AfDB Analysis : Ghana Records Low GDP Compared To Other African Countries
The African Development Bank (AfDB) has released its latest economic report which discloses Ghana’s GDP growth for 2022 as 3.6%, 1.8 percentage points below what was secured in 2021 (5.4%). ...
Ministry Of Finance Welcomes Auditor-General Report, Assures Public Of Its Effort To Address Concerns Raised In The Report
The Ministry of Finance has pledged to the public of its effort and commitment to address all issues raised in the report on the audit of the government’s Covid-19 expenditure ...
Government Accrued Gh¢10.84bn From T-bills in December 2022
The government of Ghana bagged a sum of gh¢10.84 billion out of total bids worth gh¢12.03 billion in the money market during the month of December, 2022. According to the ...
Ken Ofori- Atta Beseechs Parliament To Approve 2023 Appropriation Bills
The Minister Of Finance, Ken Ofori- Atta has pleaded with the parliament of Ghana to approve the appropriations bill, which will enable the implementation of the 2023 budget. Ken Ofori ...
MoF Suspends Payments on Selected External Debts
The Ministry Of Finance (MoF) has demanded for the suspension of payments on selected external debts of the Government of Ghana. According to a statement released by the Public Relations ...
Offload Loss Making SOEs To The  Private Sector For Revenue Generation – Dr Sam Ankrah
Dr. Sam Ankrah, a Development Economist, has urged government to disburden non-performing State-Owned Enterprises (SOEs) which continue to be a drain on state coffers or are consistently unable to pay ...
Ghana’s US$3.5bn Loan Repayment For Next Year Exceeds Its US$3bn IMF Expectation
Bloomberg has indicated from its data compilation that, Ghana needs to repay $3.5 billion in loans and bonds next year. According to Bloomberg report, the quoted figure is higher than ...
Deputy Finance Minister Attributes Current Economic Challenges To External Factors
Dr. John Kumah, the Deputy Minister of Finance, has reiterated that the current economic hardships the country find itself is massively due to external factors. Dr. John Kumah speaking during ...
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