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The price drop is expected to range between 3% and 6% from August 1st, 2022. The expected reduction will have been bigger if not for the depreciation of the cedi against the U.S dollar.

According to the 2022 Mid-Year Budget Review, interest payments, which dominated government expenditure for the first half of 2022, stood at GH¢20.4 billion, representing 4.5% of Gross Domestic Product (GDP). This was higher than the targeted amount of GHC¢19.05 billion.

As part of activities to commemorate the 10th anniversary of the late President John Evans Atta Mills, the National Democratic Congress and the Board of the Atta Mills Memorial Heritage today friday organized Muslim prayers in some mosques for our *Country Ghana*; that Allah will continue to grant us peace and stability.

The Finance Committee and the Central Bank have released different figures purporting to be the current level the country’s reserves as US$3.0 billion and US$7.6 billion respectively.

According to the Minister over, 12 million Ghanaians have so far linked their Ghana Cards to their SIM Cards, against almost 16 million Ghanaians who have received their Ghana card as reported by the National Identification Authority.

The local currency has depreciated by about 18.89% to the dollar on the interbank market and 26% on the retail market.

US$186.3 million was however secured from corporate tax paid by the oil producing companies including Tullow, Kosmos and Petro Sa and US$992.3 million was obtained from surface rental and interest from the Petroleum Holding Fund

The NDC remains committed to Ghana’s democracy and the promotion of the Rule of Law. Accordingly, we shall endeavor at all times, in line with our social democratic ethos, to ensure that the justice system performs the role assigned to it by the 1992 Constitution by serving the interest of all Ghanaians devoid of any political or partisan considerations.

The Ministry of Finance has accepted the business plan for the first domestic credit rating agency to be established with…

The country’s total revenue will end 2022 at ¢89.0 billion, far below the target of ¢100.5 billion, the July 2022 Africa Monitor Report by Fitch Solutions has revealed.