Cedi well-cushioned against shocks – BoG
The Bank of Ghana (BOG) has said that a strong build up in reserves has helped to cushion the cedi against shocks. It said that helped the local currency to register marked moderation in the…
Category: Economy
Government projects GH¢137.5 billion expenditure, Revenue GH¢100.5 billion for 2022
Government is projecting a total Expenditure, including the clearance of Arrears, of GH¢137.5 billion, equivalent to 27. 4 per cent of Gross Domestic Product (GDP) for the 2022 fiscal year. The estimate for 2022 represents…
2022 Budget: Statement: Old taxes will be efficiently applied – Oppong Nkrumah
Information Minister, Kojo Oppong Nkrumah says the 2022 Budget will witness the chunk of the financial resources being devoted to the productive sectors of the economy to consolidate the gains made. He said the Government…
Ofori-Atta Presents 2022 Budget Statement Today
The Finance Minister is expected to present the 2022 Budget Statement and Economic Policy of Government to Parliament on Wednesday (17 November) The 2022 Budget Statement and Economic Policy of Government will focus primarily on…
All set for Bawumia’s public lecture on Digital Economy today
The countdown is over, and this evening at the Ashesi University, the Vice President, Dr. Mahamudu Bawumla will deliver his much-publicised public lecture on government's digitisation drive. Dr. Bawumia, who has spearheaded Ghana’s digitization drive,…
Big push for 2022 budget – Benefits from $1bn free IMF money
The country is set to inject about US$300 million from its share of the specially created free funds from the International Monetary Fund (IMF) into the 2022 budget. The amount is a third of the…
“Economy Rebounding Faster From Covid-19 Impact Than Envisioned” – President Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says Ghana’s economy rebounding faster from the ravages of COVID-19 than envisioned, following a slow rate of growth in 2020. Speaking at the maiden edition of…
Economy is bouncing back after Covid-19 increased cost of shipping from Asia by 650% alongside building materials- Bawumia
The Vice President, Dr. Mahamudu Bawumia, has assured Ghana’s construction industry that the Akufo-Addo government is on course in its resolve to manage and mitigate the debilitating global effect of Covid-19 on the construction industry…
“New Regions Improving Local Economy, Infrastructural Development” – House Of Chiefs President
The President of the National House of Chiefs, Ogyeahoho Yaw Gyebi II, says the fulfillment of President Nana Addo Dankwa Akufo-Addo’s promise of creating new administrative regions and their corresponding Regional Houses of Chiefs have…
GHANA GRABS $1B IMF CASH …To Boost Economy
Kwaku Boakye writes With Additional Files From Graphiconline Ghana yesterday received $1 billion from the International Monetary Fund (IMF) as free unconditional money to be spent to support the economic recovery efforts. The amount is…