The Bank of Ghana has identified weak revenue performance, pressures from employee compensation, and increasing energy sector payments as major fiscal risks that could impact the country’s economy for the …
Monetary policy
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Economy and FinanceNews
Retail sales, VAT collections jump over 30% in first five months of 2025
by Adnan Adamsby Adnan AdamsDomestic VAT collections for the first five months of 2025 rose by 33.6% to GH¢8.31 billion, compared to GH¢6.22 billion recorded during the same period in 2024 That’s according to …
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The Bank of Ghana data published last week, after the its Monetary Policy Committee, shows easing inflation, disciplined fiscal management, favourable external sector developments amidst tightening policy rate as key …
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Economy and FinanceNews
Lending rates decline despite BoG’s tight monetary stance
by Adnan Adamsby Adnan AdamsDespite these positive developments, the Committee observed that the current level of inflation remains high relative to the medium-term target and will require maintaining the tight stance to reinforce the …
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Economy and FinanceNewsPolitics
Analysts predict further gains of the Cedi on the back of ‘balanced blend of monetary policies and economic activity’
by Adnan Adamsby Adnan AdamsDr Richmond Atuahene indicated that the Cedi’s performance should be seen as the outcome of a balanced blend of prudent policies and economic activity trends
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Economy and FinanceNews
Cedi rebounds from world’s worst to best performing currency
by Adnan Adamsby Adnan AdamsThe cedi’s rebound has injected optimism into Ghana’s economy, easing inflation to 21.2% in April and revitalizing business confidence.
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Economy and FinanceNewsPolitics
Inflation to fall further… as global food inflation expected to decline
by Adnan Adamsby Adnan AdamsFood inflation slowed to 25.0% in April from 26.5% in March, while non-food inflation decelerated to 17.9% from 18.7%.
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Economy and FinanceNews
BoG data projects strong economic growth in 2025
by Adnan Adamsby Adnan AdamsData released at the latest Monetary Policy Committee press briefing at the end of March reveals that the first two months of this year have recorded increased economic activity, improved …
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Economy and FinanceNews
BoG raises benchmark interest rate to 28% …even as treasury bill rates hit two year low of less than 17%
by Adnan Adamsby Adnan AdamsThe Ghana Reference Rate, which serves effectively as the base lending rate for all commercial banks – being computed by them in collaboration with the BoG – has been a …
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Agric and EnvironmentEconomy and FinanceFeaturesLifestyleNewsPolitics
Monetary and fiscal policies pushing Sub-Saharan Africa inflation downwards
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Last week, the World Bank Africa Pulse Report, indicated a declining inflation across the Sub-Saharan Africa nations attributing it to the effects of monetary tightening …