The Institute of Economic Affairs (IEA) has initiated moves for a broad, comprehensive stakeholder review of the Bank of Ghana (BoG) Act with a goal of bolstering the Bank’s effectiveness and operational independence.
The Ministry of Finance (MoF) and the University of Ghana (UG) in collaboration with the University of Ghana Business School (UGBS) and the Institute of Statistical Social and Economic Research (ISSER), have resolved to continue deliberation on the country’s finances to find solutions to the challenges of the nation’s economy.
Finance Minister Dr. Amin Adam has announced that following the debt restructuring agreement with Eurobond holders, which included a 37% principal haircut and generated $4.4 billion in savings for the country, the government is preparing to launch the consent solicitation and exchange memorandum on the international capital market.
Finance Minister Dr. Mohammed Amin Adam has announced that government has successfully reached debt restructuring agreements with five Independent Power Producers (IPPs).
The Ministry of Food and Agriculture has announced the maiden minimum producer price of mango per kilogramme at GHS 4.00 for the 2024 main mango season (May to July).
The National Pensions Regulatory Authority (NPRA) has directed the suspension of the sale of the hotels belonging to the Social Security and National Insurance Trust (SSNIT).
Members of the Ghana Plastic Manufacturers Association are threatening to halt production for a week if its request for extensive consultation with the Ministry of Finance on the implementation of the five per cent excise tax is not met.
The Bank of Ghana (BoG) has firmly rejected assertions that the country has lost $8billion over the past two years due to Financial Technology companies (FinTechs) and Money Transfer Operators (MTOs) withholding funds.