Adnan Adams Mohammed The Government of Ghana is awaiting disbursement of US$370 million in the coming days, this being the fourth tranche of the ongoing three year International Monetary Fund …
IMF
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IMF okays GH¢1 Fuel Levy amidst indefinite suspension due Israel-Iran tension
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Amidst the government’s decision to postpone the implementation of the controversial Energy Sector Shortfall and Debt Repayment Levy (Amendment) Bill, 2025 indefinitely, due …
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Economy and FinanceNewsTechnology
Fitch, World Bank revise Ghana’s growth forecasts
by Adnan Adamsby Adnan AdamsFitch Solutions, last week, reaffirmed its projection that Ghana’s Gross Domestic Product, a measure of Ghana’s total economic output, will grow by 4.2% in 2025.
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Economy and FinanceNews
Ghana’s growth projection revised…as World Bank, IMF reevaluate global economy
by Adnan Adamsby Adnan Adamsthe World Bank remains cautiously optimistic about Ghana’s prospects, projecting a rebound to 4.6% growth in 2026 and 4.8% in 2027 rating Ghana among a few African economies showing early …
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Economy and FinanceNews
IMF, WTO raise concerns over global trade tensions ….as major economies react to U.S tariffs adjustment
by Adnan Adamsby Adnan Adams“Whilst the present trade situation is being sorted out, including a plea for the possibility of tariff exemptions for most of Africa, since this is where the largest number of …
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Economy and FinanceNews
National Economic Dialogue to guide Ghana’s medium term post-IMF strategies
by Adnan Adamsby Adnan Adamswhile the IMF staff mission to Accra agreed in principle to consider adjusting some key aspects of the programme – and even has offered technical support towards this – the …
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Economy and FinanceNews
Cedi value to bolster amidst expected IMF $360mn to hit BoG account within days
by Adnan Adamsby Adnan AdamsHowever, with the expected $360 million from IMF, the banks could have more dollars to sell to traders for their imports, thereby reducing the over-relayance on the black market.
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Economy and FinanceNews
Don’t be in a haste to scrap e-levy, COVID levy – ISSER to gov’t
by Adnan Adamsby Adnan AdamsTogether, the E-levy and COVID-19 levy are projected to generate over GH¢5 billion in revenue, with GH¢2.1 billion from the E-levy and GH¢3.172 billion from the COVID-19 levy.
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Economy and FinanceLifestyleNews
Eurobond restructuring signals confidence in economy – Akufo-Addo touts
by Adnan Adamsby Adnan AdamsThe government, fortnight ago, announced success in securing almost 100% participation in the Eurobond Debt Exchange Programme, which concluded on 30th September 2024.
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Economy and FinanceNews
IPGGs says can’t guarantee reliable power supply’… after ECG betrayal
by Adnan Adamsby Adnan Adams“The current situation is extremely disappointing as the IPGs played a major role in working with the government to support its necessary restructuring of the country’s indebtedness in order to …