Economy and Finance

Investors may be compelled to sell their cedi holdings, if the MPC committee decides to hold the policy rate at 22 percent.

The sales realized were about 39.70% more than its target of GH¢5.117 billion, largely used to refinance maturing debts.

Last week, the Managing Director of the Fund assured the President of Ghana that, the deal would be finalized before the end of the year.

The cedi is also expected to appreciate further in the wake of the first tranche of the annual cocoa syndication loan which would hit the accounts of the BoG next …

The prevalence of food insecurity is higher in rural areas than urban areas. The Greater Accra Region recorded the lowest food insecurity with a percentage of 27.2 percent, while the …

Ghana is a country that is promising a lot but is always under-delivering; the government hasn’t been able to turn the economy around”, it said in its latest report on …

One of the renowned analyst warned that, any of such move may result in Ghana not being able to go to the capital markets for many years to come.

It also indicated that, it injected about US$10.8 billion directly into the economy out of which  US$3.6 billion was spent on operating costs.

The investor firm is also projecting a 30.1% fall in value of the cedi to the dollar in 2023. This means, the woes of the cedi will not get better …

The financial support which is expected to come in tranches, according to Fitch, at least US$1.0 billion dollars may be released to Ghana government by the end of the first …