Fred Avornyo
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...
Many Stalled Projects Can’t be Started as Ghana Commits to ONLY US$250 Million Loan Disbursement
Many of the stalled projects in the country cannot be restarted this year. This is because Government has committed to limit the amount of...
Potential Power Outages Loom, as IPPs CEO Accuses Finance Minister of Propaganda over Arrears
Ghana’s power sector faces a potential crisis as disagreements over the arrears owed to Independent Power Producers (IPPs) continue.The IPPs claim the government owes...
Fuel Prices Go Up, Potentially Affecting Food Costs Again
Fuel prices have gone up as the second pricing window begins. Market analysts had predicted an increase of up to 4%, which could negatively...
Fuel Prices Set to Increase Today, Potentially Affecting Food Costs Again
Starting today, Tuesday, July 16, fuel prices are expected to rise as the second pricing window begins. Market analysts predict a potential increase of...
Government Borrows Nearly GH¢4.5 Billion, Narrowly Missing Treasury Bill Target
The government borrowed GH¢4.488 billion through treasury bills at its latest auction on Friday, July 12, narrowly missing its target of GH¢ 4.721 billion...
Government to Launch SME Growth and Opportunity Programme on Tuesday
The Government of Ghana will launch the SME Growth and Opportunity Programme at a summit on Tuesday, July 16, 2024.This will be done through...
Locally Produced Items Were Significantly the Main Contributors to June Inflation, GSS data shows
Data from the Ghana Statistical Service (GSS) indicates that locally produced items significantly drove inflation in June, outpacing the impact of imported goods despite...
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Fuel Prices Go Up, Potentially Affecting Food Costs Again
Fuel prices have gone up as the second pricing window begins. Market analysts had predicted an increase of up to 4%, which could negatively...