Conducts Discussions of the 2023 Article IV Consultation with Ghana An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, held meetings in Accra from September 25 to October 6, 2023, to discuss progress on reforms and the authorities’ policy priorities in the...
Ghana is the first Sub-Saharan African country to issue a foreign currency-denominated zero-coupon bullet tranche to its bond financing mix, enabling it to create fiscal space to build its financial resilience. Ghana’s debut 4-year zero-coupon bond was two times oversubscribed, despite being the first of its kind to be...
The World Bank approved today a $200 million International Development Association (IDA)* credit to support Ghana in strengthening its institutions, improving competitiveness for job creation, and maintaining social safety nets to protect the poor and vulnerable. The Second Macroeconomic Stability for Competitiveness and Growth Development Policy Financing (DPF) operation will...
Progress is always a good mark of man so goes the old saying. It presupposes that if whatever a person is engaged in, is a transition to progress, then, one can only eagerly embrace it. Logically, it is to be admitted that all men are born equal, endowed by their...
… anti-tobacco advocates push for higher rates to discourage child use   Research conducted by the Vision for Alternative Development (VALD) has revealed that despite the many efforts geared at discouraging tobacco use, especially among children through high tax rates, the commodity is very cheap on the market as the...
Earlier this week, leading financial technology (FinTech) provider, Zeepay, has officially opened its state-of-the-art campus in the Cantonments enclave in Accra, signifying a major step in its expansion drive and infrastructure investment. The move represents another first for the FinTech, after becoming the first indigenous player to be licensed as...
Money is and has always been the driving force for a lot of people, with them saying “whatever problems money cannot fix, more money can”. And those with this mindset will go to great lengths to obtain it. However, in terms of length and motivation, how far is too...
Government says it is committed to making Ghana entrepreneurial nation through initiatives and support schemes that will make the economy self-reliant and self-sustaining. The Ag. Coordinator of the YouStart Programme, Mr. Andrew Ameckson, explained that though effects of the COVID-19 were dire, it also presented the country with an opportunity...
Stocks on the Ghana Alternative Market (GAX), the secondary board of Ghana Stock Exchange (GSE), have remained stationary in spite of renewed excitement in the equities market. The broad market has rallied to a 28.7 percent gain on a year-to-date basis, undoing the almost 13 percent loss recorded at the...
Minister of Finance, Ken Ofori-Atta, has revealed in the 2020 mid-year budget review that government has released an amount of GH¢57,800,000 for the payment of nursing students allowance. According to the Finance Minister, the stipulated amount is to cover the allowance of some 48,200 nursing students across various nursing training...