Government has through the Ministry of Finance set a macroeconomic target of growing the economy by at least 2.8 percent of Gross Domestic Product (GDP) in the 2024 fiscal year.
The Finance Minister, Ken Ofori-Atta in his mid-year budget review in July stated that Ghana's 'economy is showing signs of recovery' after experiencing severe economic hardship in 2022.
Finance Minister Ken Ofori-Atta will present the 2024 Budget Statement and Economic Policy of the Government to Parliament today, Wednesday, November 15.
The rate of inflation in the country has dropped for the third consecutive month as the Ghana Statistical Service (GSS) has pegged the October rate at 35.2 percent
The Association of Ghana Industries (AGI) and Ghana Union of Traders Association (GUTA) have jointly appealed to the government to address concerns surrounding cost of doing business in the country, while consolidating ongoing gains under the International Monetary Fund’s (IMF) intervention.
The Ministry of Finance says Ghana has not missed any November 1, deadline for the disbursement of a second tranche of $600 million loan from the International Monetary Fund (IMF) contrary to reports.
Ghana’s cocoa farmers are complaining that they’re broke as the cocoa board – to which they are obliged by law to sell their produce – is unable to pay them.
The Ministry of Trade and Industry has signed a non-binding Memorandum of Understanding with a Danish private limited company, Byteblocs International, to promote the investment and development of an Aluminum Recycling and Components Manufacturing Plant (which will include Lithium batteries), LED Lighting and Electric mobility vehicles manufacture in Ghana.
GBfoods, Africa’s major player in culinary solutions and producers of tasty, nutritious and healthy brands like Gino, Pomo, Bama, Jumbo, and Jago have marked a significant milestone with the celebration of their 50th anniversary in Africa.
In a move aimed at protecting consumers and ensuring awareness of the potential legal and financial consequences from acting as a loan guarantor, the Bank of Ghana has issued a stern advisory.