Ghana’s cocoa production to tumble below 500,000 metric tonnes this season – World Bank
Cocoa production will not exceed 500,000 metric tonnes in the 2023/2024 crop season due to the swollen-shoot disease, the World Bank has disclosed in...
Fitch Solutions maintains Ghana’s growth rate forecast for 2024 at 4.3%
Fitch Solutions has maintained its 2024 growth rate forecast for Ghana at 4.3%.This is far higher than the 2.9% projected by the International Monetary...
COVID-19 vaccines not for free – Finance Ministry justifies Covid levy imposition
The Minister of State at the Finance Ministry, Abena Osei Asare, has argued that the government will continue collecting the COVID-19 recovery levy to...
Ghana’s oil revenue increases to US$840m in first half of 2024
Ghana's oil revenue surged to $840 million in the first half of 2024, marking a 36% increase from the $540 million recorded in the...
It’s good government didn’t ask for more in budget review – Theo Acheampong
Economist and Political Risk Analyst, Dr Theo Acheampong has said it was good the government did not request additional funds in the supplementary mid-year...
Mid-year budget review: Stephen Amoah responds to Ato Forson’s criticism of Finance Ministry’s policiesÂ
Deputy Minister of Finance Dr Stephen Amoah has responded to Minority Leader Dr. Cassiel Ato Forson, who claimed that the Ministry lacked new ideas...
We want to see a stable cedi – GUTA President
The President of the Ghana Union of Traders' Associations (GUTA), Dr Joseph Obeng has said the association's primary concern is the stability of the...
GPHA dismisses ex-casual workers compensation claims
The Ghana Ports and Harbours Authority (GPHA) has stated that a group of former casual workers threatening a demonstration over alleged unpaid severance compensation...
MIIF targets 1000 Women in Engineering and STEM with mining scholarships
The Minerals Income and Investment Fund (MIIF) has launched a scholarship scheme aimed at educating 1000- women from mining communities in the country.The scholarship...
IMF programme has compelled government to reduce expenditure – Theo Acheampong
Economist Dr. Theo Acheampong acknowledges government's clear commitment in the Mid-year budget review to cut spending, influenced by the International Monetary Fund (IMF) programme.“Were...
Ghanaian banks warned of cybercrime risk resulting from fake CrowdStrike update
The Africa Centre for Digital Transformation (ACDT) has issued a warning to banks in Ghana about potential cybercrime threats following a global software failure.The...
We will revive Tema Oil Refinery — Herbert Krapa assures
Plans are far afoot for the Tema Oil Refinery (TOR) to secure a strategic partner within the next 90 days to commence full operations.To...
You did nothing to reverse negative trend; scrap the taxes – Ato Forson to government
Minority Leader, Dr. Cassiel Ato Forson, expressed dissatisfaction with the state of the economy as presented by Finance Minister, Dr. Mohammed Amin Adam during...
GH¢9.9billion spent on implementation of Free SHS Policy since 2017 – Finance minister
The Minister for Finance, Dr. Mohammed Amin Adam, has announced that the government has spent GH¢9.9 billion on the Free Senior High School (SHS)...
Ghana’s public debt hits GH¢742bn from GH₵658.6bn – Amin Adam
The Finance Minister, Dr. Mohammed Amin Adam, has revealed that as of June this year, the provisional total debt of the central government amounted...
We’re living within our means – Finance Minister
Finance Minister, Dr. Mohammed Amin Adam has assured Ghanaians that the government is adhering to its budgetary limits.During the presentation of the mid-year budget...
Mid year budget review: Government is bereft of ideas – Minority Leader [Video]
Minority Leader, Dr. Cassiel Ato Forson has criticized the Akufo-Addo administration, claiming it lacks the necessary ideas to manage the economy effectively.He believes the...
Government revises some key macro targets in Mid-Year Budget
Government has announced some key revisions to the country’s macroeconomic fiscal targets for 2024.Presenting the Mid-year Budget in parliament on July 23, 2024, Finance...
Mid-year Budget Review: Government disburses GH¢5.4bn to boost LEAP, School Feeding, and NHIS programs
Government has allocated GH¢5.4 billion to bolster the Livelihood Empowerment Against Poverty (LEAP) program, the National Health Insurance Scheme (NHIS), and the school feeding...
We’re not seeking supplementary funds in this mid-year review – Finance Minister
Finance Minister, Dr. Mohammed Amin Adam stated that the government is not seeking additional funds in the 2024 mid-year budget review.He said the government...
13 vehicle assembly plants established, 4,700 vehicles produced locally – Finance Minister
The Finance Minister, Dr. Mohammed Amin Adam, says that guided by the Strategic Anchor Industries (SAIs) framework, some 13 vehicle assembly plants have been...
Mid-Year Budget: I empathise with Ghanaians over challenging economy – Amin Adam
The Finance Minister, Dr. Mohammed Amin Adam has expressed his sympathy for Ghanaians amid the ongoing economic challenges.He noted that, the past two years...
GRA exceeded mid-year target by 0.2% – Finance Minister
The Ghana Revenue Authority (GRA) has surpassed its mid-year revenue target by 0.2% this year.The Finance Minister, Dr. Mohammed Amin Adam, announced this during...
Mid-Year Budget: DDEP – Good news for bondholders [Video]
The Finance Minister, Dr. Mohammed Amin Adam, has reported progress in paying investors following the completion of the Domestic Debt Exchange Programme (DDEP) in...
Full Text: 2024 Mid-Year fiscal policy of Government of Ghana
2024 MID-YEAR FISCAL POLICY REVIEW1. The Right Honourable Speaker, Honourable Members of Parliament, on the
authority of His Excellency, President Nana Addo Dankwa Akufo-Addo, I...
Mid-Year Budget: Reversal of negative economic trends shows promising recovery – Amin Adam [Video]
The Finance Minister, Dr. Mohammed Amin Adam, has said the economy is rebounding stronger than anticipated.He attributed the economic growth to the stabilization of...
Livestream: Finance Minister presents 2024 mid-year budget review
The Finance Minister, Dr. Mohammed Amin Adam, is presenting the 2024 Mid-Year Budget Review in Parliament.This will be his first budget presentation since becoming...
ACDT warns banks of cybercrime surge after Global tech failure
The Africa Center for Digital Transformation (ACDT) has warned banks, savings and loan institutions, and rural banks in Ghana about the heightened risk of...
Only about 1.5 million tax payers honour their obligations
Out of about 7.9 million registered tax payers in the country, only about 1.5 million pay taxes.This was revealed by a Deputy Minister of...
Cedi continues to strengthen on retail market; one dollar going for GH¢15.64
The Ghana cedi extended its rally against the US dollar last week, amidst rising corporate demand.The market continued to cling to a potential rate...
Africa needs to partner with Arabia to address development challenges - AfDB President
The President of the African Development Bank Group, Dr Akinwumi Adesina, says African countries must build coordinated partnerships with the Arab region to address...
Ghana’s economic recovery hinges on sustainable debt management
The Economic Governance Platform (EGP), a coalition of civil society organisations that focus on economic issues, advocates for a national conversation on sustainable debt...
Ghana’s economic prospects on track amid reform – World Bank
Ghana’s economic indicators remain on track for 2024 and beyond, the World Bank’s 8th Economic Update for Ghana titled "Strengthening Domestic Revenue Systems for Fiscal Sustainability"...
Finance Minister to present Mid-Year Budget Review tomorrow July 23
The Minister for Finance, Dr. Mohammed Amin Adam, per Section 28 of the Public Financial Management Act, 2016 (Act 921), will present to Parliament,...
Report: Almost 50% of customers still prefer traditional banking
Nearly 47% of banking customers still favour traditional methods, despite the increasing popularity of digital banking.This information comes from the 2024 PwC Ghana Banking...
Implementing Cylinder Recirculation Model was rushed – IES
Executive Director of the Institute of Energy Security (IES), Nana Amoasi VII, has expressed concerns about the rapid implementation of the Cylinder Recirculation Model...
Mustapha Hamid should apologise to us – LPG Marketers Association
The LPG Marketers Association of Ghana is demanding an apology from the Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Hamid for...
Ghana increases export of petroleum products to neighbouring countries
The National Petroleum Authority (NPA) has signed an agreement with Senegal and Gambia for the importation of petroleum products from Ghana.This adds to the...
No LPG management system is accident-free – Gabriel Kumi
Vice President of the LPG Marketers Association of Ghana, Gabriel Kumi, has said no LPG management system can be entirely accident-free.Speaking in an interview...
T-bills auction: Government misses target by GH¢1.44bn; interest rates remain steady
The government missed its treasury bills target by GH¢1.44 billion for the second consecutive week.According to auction results from the Bank of Ghana, the...