IMF assures of restored macroeconomic stability in Ghana
The International Monetary Fund (IMF) has assured Ghanaians it will assist government to restore macroeconomic stability, spur growth and bring the much needed relief to them.
The International Monetary Fund (IMF) has assured Ghanaians it will assist government to restore macroeconomic stability, spur growth and bring the much needed relief to them.
Auditing and accounting firm, Deloitte Ghana says the government’s decision to reduce the benchmark discount policy from 50% (30% for vehicles) to 30% (10% for vehicles) in 2022 may have contributed to the rising inflation in the country.
Accounting and auditing firm, KPMG wants government to adopt a consultative approach to ensure that
the concerns of individuals, households and businesses are well addressed before measures captured in the 2023 Budget are implemented.
Government will seek to raise ¢1.85 billion to refinance the upcoming Treasury bill maturities of ¢1.619 billion.
The Minister of Finance, Ken Ofori-Atta, has denied allegations that his recklessness has contributed to the economic challenges facing the economy.
Government will seek to raise ¢1.17 billion in this week’s Treasury bill auction to refinance the upcoming T-bill maturities of ¢1.08 billion.
The Chief Executive Officer of Clay Group, Kuukua Adams, has described the impact of the current economic hardship on start-ups as a never-ending nightmare.
A Deputy Minister for Trade and Industry, Herbert Krapa, is calling on private entities to collaborate with the government to support small and medium-scale enterprises.
President Nana Addo Dankwa Akufo-Addo says the government will implement measures to reduce Ghana’s public debt to Gross Domestic Product (GDP) to 55% by 2028.
The Bank of Ghana (BoG) has strongly denied claims of collusion with illegal foreign exchange traders (forex) at the Central Business District in Accra to transfer funds offshore.
Bank of Ghana Governor, Dr. Ernest Addison, has expressed commitment to restoring order and bringing stability to the country’s foreign exchange market through stringent measures.
The Association of Ghana Industries (AGI) has expressed its readiness to support President Nana Addo Dankwa Akufo-Addo to steer the country from the current economic stress.
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