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IMF’s April 2022 Fiscal Monitor also revised its forecast of an end year inflation of 16.3% from an initial forecast of 8.8%. This means the country will miss the Bank of Ghana target of 8%+\-2. It indicated that, the rising inflation has been triggered by higher commodity prices such as crude oil and cereals as a result of the Russia/Ukraine conflict.

Looking into Ghana’s fiscal position following increased spending on health and household support due to COVID-19 pandemic, Ghana’s fiscal deficit would widen to an estimated 11.3% in 2021. This is well above historical level

Investment in new oilfields will be slow, delaying a resurgence of real GDP growth to pre-coronavirus levels, despite efforts by the government to facilitate industrialisation under the Covid-19 Alleviation and Revitalisation of Enterprises Support programme, says EIU.

John Dramani Mahama took a little different turn to do community engagement with the aim of putting smiles on the face of the aged and and physically challenged persons within some major Zongo communities in Accra.

Okai Koi Central executives of the NDC and  the National Executives of the  Zango Caucus, among other prominent members of the party including MP’s this evening accompanied the Former President H.E John Dramani Mahama to Pay Courtesy Call and Break Fast ‘Iftar’ with the National Sunna Leader  Sheikh Ummar Ibrahim at his Abeka residence

John Dramani Mahama has embarked on iftar (breaking fast) series to fraternize and and pray with the leadership of the Muslim community in Ghana as the last ten days of Ramadan beckons.

GNPC must explain this financial performance at a time when it also spent GH₵200 million on ‘Corporate Social Responsibility’”, Bright Kwashie Dzokoto, a tax expert and a member of Tax Justice Coalition demanded. “This accountability-free regime must end.

As global risk may worsen further in the first-half of 2022, and Ghana’s ability to tap the Eurobond market may further wane. Foreign exchange reserves could remain under pressure in 2022 — unless the government acquires alternative sources of external bilateral and multilateral funding.

Of the GH¢24.696 billion, GHȼ20.102 billion would be used to rollover maturities, while the remaining GH¢4.593 billion which is fresh issuance, would be used to meet Government’s financing requirements

National Zango Caucus Team under the leadership of the Coordinator Alhaji Mohammed Cole Younger, on behalf of H.E. John Dramani Mahama to present provisions in support of Muslim Communities during this Holy Month of RAMADAN.