Fred Avornyo
Government Misses Treasury Bill Target For 6th Consecutive Week, But by Narrower Margin
For the sixth consecutive week, the government has fallen short of its borrowing target during the latest treasury bill auction. It aimed to raise...
Former Finance Minister Seth Terkper Supports Renegotiating IMF Programme Under Potential NDC Government
Former Finance Minister Seth Terkper has expressed confidence that Ghana could successfully renegotiate its programme with the International Monetary Fund (IMF) if a new...
Uncertainty Looms as BoG’s New Forex Trading Directive Takes Effect Today
The Bank of Ghana’s new directive requiring forex bureaux to use a centralized foreign exchange platform begins today, sparking mixed reactions from the public.The...
Biometric Verification Now Required at Forex Bureaux for Forex Transactions
Starting tomorrow, August 1, anyone entering a forex bureau to buy or sell foreign currency will be required to undergo biometric verification.Customers must also...
Demand for Dollar to Increase as Importers Prepare for Christmas Festivities
Currency dealers are cautioning that the demand for the dollar will rise in August as importers begin placing orders for Christmas goods. Traditionally, the...
Government Falls Short of Treasury Bill Target Despite Slight Interest Rate Increase
The government fell short of its GH¢4.78 billion target at the latest treasury bill auction on Friday, raising only GH¢4.06 billion, which is 17.6%...
Policy Rate Maintained at 29% as Predicted
The Monetary Policy Committee of the Bank of Ghana maintained the policy rate at 29% as predicted. Addressing the media after the Committee’s three-day...
Half-Year Mobile Money Transactions Hit over GH¢1.2 Trillion
The total value of Mobile Money (MoMo) transactions in Ghana between January and June 2024 reached approximately GH¢1.2 trillion Ghana cedis, according to the...
Finance Minister: We are Staying within Our Budget Limits
Finance Minister Dr. Mohammed Amin Adam has assured Ghanaians that the government is staying within its budget limits. During his mid-year budget review presentation...
Government Revises Growth Rate up to 3.1%
The government has adjusted its economic growth target to 3.1%, up from the initial 2.8%, following the successful debt restructuring agreement and other positive...
Monetary Policy Committee Begins Meeting Amidst Easing but High Inflation
Today, July 23, the Monetary Policy Committee (MPC) of the Bank of Ghana will commence its regular meeting to review the state of the...
Mid-Year Budget Review Today Amidst Austerity and Rising Costs
Finance Minister Dr. Mohammed Amin Adam will present the Mid-Year Budget Review to Parliament today, July 23, offering a glimpse into the economic outlook...
Government Misses Treasury Bill Target by 27%
The government fell short of its treasury bill target of GH₵5.310 billion, raising only GH₵3.86 billion, representing a 27% shortfall. This shortfall highlights the...
Finance Minister Presents ‘First Budget’ on Tuesday, Possibly Without Bible Quotes
Finance Minister Dr. Mohammed Amin Adam is set to present his first government revenue and expenditure estimate, although just for the second half of...
Building Contractors Call for Removal of Duties on Building Materials, Expansion of Affordable Housing to District Levels
The President of the Association of Building and Civil Engineering Contractors of Ghana (ABCECG), Mr. Anthony Klutsey, has urged the government to remove or...
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Government Raises GH¢3.34 Billion in Latest Treasury Bill Auction
In its latest treasury bill auction, the Ghanaian government successfully borrowed 3.344 billion, slightly surpassing its target by 3%. The auction, held on Friday July...