According BoG, the fiscal data shows that both revenues and expenditure outturns for the first nine months of 2022 fell short of their respective targets.
Economy and Finance
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Economy and FinanceLifestyleNews
Organised labour successfully gets pension funds exempted from Debt Exchange
by Adnan Adamsby Adnan AdamsThe exemption was announced after a meeting between the Government of Ghana (GoG) represented by the Ministry of Finance, Ministry of National Security and the Ministry of Employment and Labour …
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Economy and FinanceNewsTechnology
Debt-to-GDP to be reversed to 55% by 2028 – Gov’t hopeful
by Adnan Adamsby Adnan AdamsThe government is targeting to achieve a debt-to-Gross Domestic Product, (GDP), ratio of 55% by 2028 despite the exemption of pension funds from the debt exchange programme.
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Economy and FinanceMining & EnergyNewsPolitics
Gold for Oil: first delivery in second week of January
by Adnan Adamsby Adnan AdamsPrecisely, between 10th and 12th of January, the first consignment of the finished product is going to arrive in this country coming from the United Arab Emirates. All the necessary …
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Economy and FinanceNewsTechnology
BoG suspends budget financing beginning 2023
by Adnan Adamsby Adnan AdamsAccording to the governor of the BoG, Dr Ernest Addison, “the country has fundamental issues that we have to address such as fiscal problems, very large deficits which is not …
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Economy and FinanceMining & EnergyNews
GNPC to offload interest in JOHL to Explorco
by Adnan Adamsby Adnan AdamsAccording to him, the move is subject to the board’s approval, with the expectation that the assignment of interest will be completed by the end of the year.
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Economy and FinanceNews
MP calls for parliamentary ‘arrangement’ to ensure fares, market prices are reduced
by Adnan Adamsby Adnan AdamsA statement issued by GUTA has appealed to members of the business community to make the “consuming public feel the impact of this positive trend,” as the Cedi appreciates. It …
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Economy and FinanceLifestyleNews
BoG blames cedi depreciation on fiscal operations
by Adnan Adamsby Adnan AdamsFor the first ten months of 2022, the total number of advertised jobs declined by 9.5 percent to 26,595 from 29,380 recorded during the same period in 2021.
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Economy and FinanceNewsTechnology
Job scarcity increases for 1st 10 months of 2022
by Adnan Adamsby Adnan AdamsAccording to the BoG, the Ghana cedi came under pressure in September and October on fiscal concerns. Pressure to the currency came from energy and corporate demand. Also, the strength …
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Economy and FinanceMining & EnergyNewsPolitics
US-Africa summit: US to win African leaders with US$55bn funding to jump over Russia and China
by Adnan Adamsby Adnan AdamsAt the summit, US President Joe Biden announced of about US$55 billions of dollars in new funding for Africa.