Ghana’s public debt experienced a significant decline of ¢14.2 billion between June 2023 and September 2023, reaching ¢567.3 billion ($51.0 billion), as per data released by the Bank of Ghana. The total
MoreDr. Alhassan Iddrisu, the Director of Economic Strategy and Research at the Ministry of Finance revealed that pressure is increasing on Ghana’s bilateral creditors to finalize the external debt restructuring plan. This
MoreThe Ghana cedi is expected to witness a single-digit depreciation against the US dollar in 2024, according to The Economist Intelligence Unit’s recently released 2024 Africa Outlook Report. The UK-based firm attributes
MoreIn the aftermath of the NPP Presidential election, Ghana finds itself grappling with a daunting economic crisis that demands immediate attention. The nation’s economy, plagued by mismanagement, stands on the precipice of
MoreThe Institute of Statistical, Social, and Economic Research (ISSER) has projected that Ghana’s service sector will experience significant growth of three percent in the 2024 fiscal year. This projection surpasses ISSER’s 2023
MoreMahama Ayariga, a Member of Parliament and member of the minority in the Ghanaian Parliament, has written to the World Bank and the International Monetary Fund (IMF) country offices in Ghana, urging
MoreOn 6th October 2023, a delegation from the International Monetary Fund (IMF) held a press conference in Accra after a two-week review of Ghana’s $3 billion IMF programme that was initiated in
MoreAn Assessment Team from the International Monetary Fund (IMF) will arrive in Accra this week to begin an assessment of Ghana’s macro-fiscal data to recommend an appropriate programme for the country. This
MorePrivate legal practitioner, Gabby Otchere-Darko, has indicated that the refusal by individual bondholders to accept government’s debt exchange programme will worsen the country’s economic crisis. According to the NPP stalwart, the widespread
MoreA banking consultant, Richmond Atuahene, has proposed a review of Ghana’s 1992 Constitution to impose a cap on government borrowing practices, similar to the United States’ procedure where Congress permits borrowing limits.
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