Business

Ghana has secured financing assurances from the Paris Club following the establishment of the Official Creditor Committee co-chaired by China and France. This comes months after Ghana’s bid to get...

Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgiev has welcomed the financing assurances from the Paris Club following the establishment of the Official Creditor Committee co-chaired by...

Ghana’s official creditors have formed a committee co-chaired by China and France to commence debt restructuring talks. The creditor committee was officially formed on Friday, May 12, 2023. By this,...

Ghana is expected to soon reach an agreement with its external creditors, particularly the Paris Club, on restructuring the country’s external debt, according to the International Monetary Fund (IMF). The...

Members of the Pensioner Bondholders Forum have expressed disappointment with the government’s attitude towards their situation. A meeting that was scheduled between the Finance Ministry and the leadership of the...

The government has conceded that relying solely on a deal with the International Monetary Fund (IMF) may not be sufficient to tackle the current economic predicament of the country. Since...

According to Professor Godfred Bokpin, a finance lecturer at the University of Ghana Business School, it may be too rushed a decision for commercial banks in Ghana to decrease their...

The Bank of Ghana (BoG) has called on commercial banks operating in the country to reduce their lending rates, taking into account the recent decline in inflation rates. According to...

Inflation has dropped to 41.2% for the month of April 2023. This represents a 3.8 percentage point decrease from the 45.0% recorded in March 2023. This was captured in the...

Members of the Pensioner Bondholders Forum have returned to the premises of the Finance Ministry to picket to demand payment of outstanding coupons on matured bonds. The government has defaulted...