Ghana to Get first $600 million from IMF.
The Minister of State at the Finance Ministry, Dr Mohammed Amin Adam Anta, has confirmed that the first tranche of $600 million will be disbursed immediately after the Executive Board…
Inflation rate drops to 41% in April 2023.
The inflation rate for April 2023 dropped to 41.2% from 45% in March 2023, the Ghana Statistical Service (GSS) has said. Food inflation went down to 48.7% in April 2023,…
Parliament approves 7 loans totaling $710m at emergency sitting
The facilities approved during the May 2, sitting included $60.6 million for the Ghana Covid-19 Emergency Preparedness and Response Project, $150 million for the West Africa Food Systems Resilience Programme…
Parliament approves $200m loan facility from World Bank
The project is to help the Government of Ghana increase access to broadband, enhance the efficiency and quality of selected digital public services, and strengthen the digital innovation ecosystem in…
Benjamin Boakye calls for Privatization of TOR.
Executive Director of the African Center for Energy Policy (ACEP) Benjamin Boakye has taken a swipe at government for mismanaging the Tema Oil Refinery (TOR). To him, TOR needs to…
Fall in rate of inflation after 6months.
The Ghana Statistical Service (GSS), has announced the fall in the rate of inflation to 45%. Inflation has been on the rise from September 2022, which caused a lot of…
“Planting for Food and Jobs is a failed policy,” – Economist
The inflation figures released by the Ghana Statistical Service in the past months have consistently had food inflation as one of the major contributors to the upward trend. This, according…
Comparing Ghana to a politically unstable Sri Lanka speaks volume of the state of the Ghanaian Economy – Chartered Economist
A chartered Economist, Mr Martin Ohene Anim, says the recent Bloomberg report, placing Ghana’s cedi as the second worst performing currency in the world after Sri Lanka’s rupee, a country…