Finance

Gov’t secures GHS739 million in 3-year bond sale

Government secured GHS739.39 million in bids from investors in Thursday's 3-year bond auction but accepted GHS705 million.​Government is expected to pay an interest of...

BoG sets GH¢200m capital for banks

The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive...

Public debt hits GH¢127.1bn

A summary of Economic and Financial data from the Bank of Ghana (BoG) has revealed that Ghana’s total public debt stock has increased to GH¢127.1billion...

Ghana Export Promotion Authority targets $4 billion in 2017

The Ghana Export Promotion Authority (GEPA) is targeting $4 billion in non-traditional export (NTEs) earnings for 2017.The target represents a big leap from the...

Ghana’s debt hit GHc129.5bn – BoG

Ghana’s public debt has reached GHc129.5 billion according to Bank of Ghana’s Summary of Economic and Financial Data issued Friday May 19, 2017.This represents...

Debt levels decline to 62% of GDP

The Finance Minister, Ken Ofori-Atta, has disclosed that the country’s debt, as a percentage of GDP, has declined from the 73 percent recorded last...

Gov’t has saved GH¢612m by debt re-profiling – Finance minister

The move to re-profile the country’s debt has saved the nation GH¢612million, Ken Ofori-Atta, the Finance Minister, has said.“Our potential savings on domestic interest...

Ministry of Finance announces fresh appointments

The Ministry of Finance has appointed new officers to key positions in the Ministry in a bid to help push the reforms the government...

Bank savings accounts are not investment accounts

Savings consists of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he...

World Bank gives Ghana $1.2bn

The World Bank’s International Development Association (IDA) will provide Ghana with an amount of $1.2 billion from July 2017 to June 2020 to support...

World Bank gives Ghana $1.2bn over the next 3 years

The World Bank’s International Development Association (IDA) has committed US$1.2 billion to support Ghana’s economy over the next three years.The allocation, which will span...

Cedi outshines two currencies

BoG missed 2015 targets

Cut dependency: ACET to govt

Cedi to gain strength