The Domestic Debt Exchange Programme is likely to weigh on the balance sheets of banks in Ghana and consequently reduce credit to the private sector, Fitch Solutions has revealed in …
Ghana economy
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Economy and FinanceNewsTechnology
Ghana, Zambia fiscal challenge to persist due to elevated funding costs – RMB
by Adnan Adamsby Adnan AdamsRand Merchant Bank is warning of constrained fiscal policy in African countries such as Ghana and Zambia due to elevated costs of funding. The two countries are presently …
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Economy and FinanceNewsPolitics
Parliament inundated with tax exemptions agreements – Ato Forson
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Finance Committee in Parliament is alarmed with the numerous tax exemptions agreements in the country. According to the immediate past ranking member of the …
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By Elorm Desewu The Bank of Ghana, (BoG), is very optimistic that the economy would soon recover as the government has spelt out measures that will put the fiscal on …
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Agric and EnvironmentEconomy and FinanceNews
IMF bailout to be ready before end of 1st quarter
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The government is likely to receive International Monetary Fund’s (IMF) approval before end of first quarter this year. The Fund’s recent comment gives high hope …
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Adnan Adams Mohammed The International Monetary Fund (IMF) has projected a 2.8% Gross Domestic Product for Ghana in 2023, as it expects the growth rate in 2024 to be …
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Economy and FinanceNewsPolitics
Akufo-Addo/Bawumia presidency blows GHC191mn on Cabinet retreat, fuel, car batteries and others
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed In a new masterpiece of analysis from Hon Samuel Okudzeto Ablakwa, the Presidency of Akufo Addo/Dr Bawumia has blown over GHC191 million on some miscellaneous expenses …
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Economy and FinanceNews
Alex Mould diagnoses the Ghanaian economy and the resultant DDE
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghanaians are facing a period of economic harshness never experienced after the periods of the military junta in 1980’s. While inflation is beating about three …
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Economy and FinanceNewsPolitics
NDC explains why Gov’t is forcing a Domestic Debt Exchange Program on Ghanaians
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed In a sixteen pointer release issued by the Communication Office of National Democratic Congress (NDC), it has outlined major factors that has destressed the Ghanaian economy in …
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Agric and EnvironmentEconomy and FinanceNews
Analysts predict tougher times ahead for the economy and businesses
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Some analysts are predicting tougher times ahead for the economy arguing that businesses looking to expand this year will face very severe challenges. According …