Browsing: Economy and Finance

Further indicating that, it do not expect that private investment will meaningfully cushion the negative impact of subdued public infrastructure spending on the market’s construction industry growth, the agency said.

Ghana’s Trade and Investment Risk assessment scored of 50.9 out of 100 to outperform the West Africa average of 36.4. The score also was the second best on the continent while ranking 88th out of 201 markets globally.

The e-cedi is a digital replica of the Cedi notes and coins which can be redeemed for physical cash and used for varied payments

According to the PURC, the tariffs could be increased or decreased. The Director of Research at PURC, Dr Eric Kofi Obutey, has said, the Commission is engaging all the stakeholders to arrive at tariffs that will serve the need of Ghanaians as well as the service providers. The stakeholders as the Parliamentary Select Committee on Mines and Energy; Association of Ghana Industries (AGI), and Ghana Employers Association among others.

“Arise Ghana”, is an amalgamation of activists who through advocacy and nationalistic mobilization, will seek to lead a crusade against the continuous misrule, mismanagement and maladministration of our dear nation Ghana by today’s duty bearers.

Development Finance Institutions across Africa have been tasked to beef up efforts to enhance credit rating positions to attract more global investments.

The Central Bank’s Summary of Economic and Financial Data revealed a minimal decrease in the number of active mobile money accounts from 18.9 million to 18.6 million between March and April this year.

The Bank of Ghana’s data indicates, it secured GH¢470.4 million for the debt instrument, about 76% less than the targeted amount.

The domestic debt is a component of the total debt stock which stood at GH¢391.9 billion (equivalent of US$ 55.1 billion) as of March 2022, data from the Bank of Ghana indicate.

The Monetary Policy Committee (MPC) during its press conference indicated that, it observed that execution of the budget for the first quarter was broadly in line with targets although there was a minor deviation in the deficit target, stemming largely from low revenue receipts.