A former Executive Director of Standard Chartered Bank has warned the economic contraction implications of the debt exchange programme will be dire. According to the finance analyst, if the Debt Exchange …
Ghana economy
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Mining & EnergyNewsTechnology
Revise the current modalities for the Debt Exchange Program – Economist advise gov’t
by Adnan Adamsby Adnan AdamsThe economist explained that, the stress test will provide information on how to design the needed support for the sector.
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The EIU expects the exchange-rate weakness to continue into 2023, albeit to a lesser degree.
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Economy and FinanceLifestyleNews
Editorial: Turning around the economy in 2023
by Adnan Adamsby Adnan AdamsHowever, the Finance Minister, Ken Ofori-Atta, says the government will put in place stronger foundations in 2023 to change the country’s economy for the better.
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Economy and FinanceNewsTechnology
Debt-to-GDP to be reversed to 55% by 2028 – Gov’t hopeful
by Adnan Adamsby Adnan AdamsThe government is targeting to achieve a debt-to-Gross Domestic Product, (GDP), ratio of 55% by 2028 despite the exemption of pension funds from the debt exchange programme.
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Economy and FinanceMining & EnergyNewsPolitics
Gold for Oil: first delivery in second week of January
by Adnan Adamsby Adnan AdamsPrecisely, between 10th and 12th of January, the first consignment of the finished product is going to arrive in this country coming from the United Arab Emirates. All the necessary …
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Economy and FinanceNews
MP calls for parliamentary ‘arrangement’ to ensure fares, market prices are reduced
by Adnan Adamsby Adnan AdamsA statement issued by GUTA has appealed to members of the business community to make the “consuming public feel the impact of this positive trend,” as the Cedi appreciates. It …
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Economy and FinanceTechnology
T-Bills, individual bondholders free from debt restructuring
by Adnan Adamsby Adnan AdamsLast week, government invited holders of domestic debt to voluntarily exchange approximately GHC137 billion of the domestic notes and bonds of the Republic, including E.S.L.A. and Daakye bonds, for a …
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Economy and FinanceNews
2023 Budget approved amidst opposition to tax policies
by Adnan Adamsby Adnan AdamsDebating on the floor of Parliament, the Minority Leader, argued that his members are hesitance to move forward with the budget approval due to the already acknowledged hardship in the …
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This forecast is conditioned on the continued maintenance of tight monetary policy stance and the deployment of tools to contain excess liquidity in the economy.