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Ghana’s Finance Minister disclosed the country will incur $8.7 billion in external debt service over the next four years, predominantly in 2027 and 2028. The nation is recovering from a …
Ghana’s Finance Minister Highlights Significant External Debt Challenges Read More
Ghana’s Finance Minister states that the Bank of Ghana requires a GHS53 billion bailout due to negative equity. Additionally, total central government arrears have reached GHS67.5 billion, heavily impacting the …
Bank of Ghana Seeks GHS53 Billion Bailout Amid Fiscal Challenges Read More
The Bank of Ghana is seeking a GHC 53 billion bailout to address its negative equity concerns, primarily resulting from significant losses incurred in 2022. Finance Minister Dr. Ato Forson …
Bank of Ghana Requests GHC 53 Billion Bailout to Correct Negative Equity Crisis Read More
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, announced the abolition of six contentious taxes in the 2025 budget, aligning with the NDC’s manifesto promise. The taxes to be scrapped include …
Ghana’s Upcoming 2025 Budget to Abolish Controversial Taxes Read More
The Ghanaian government has allocated US$279 million for the Ghana Gold Board to support small-scale mining, alongside GH¢13.85 billion for the Big Push Programme aimed at fostering economic growth in …
Ghana Allocates US$279 Million for Gold Board and GH¢13.85 Billion for Development in 2025 Budget Read More
Ghana’s government has scrapped several taxes related to the IMF bailout to alleviate economic hardships on citizens. Key taxes removed include levies on mobile money transfers and motor vehicle insurance. …
Ghana’s Government Eliminates Tax Burdens Amid Economic Struggles Read More
Finance Minister Dr. Cassiel Ato Forson criticized the minority in parliament during the budget presentation, defending his choice of a locally made bag. He emphasized the NDC’s commitment to promoting …
Dr. Ato Forson Defends Made-In-Ghana Initiative Amidst Parliamentary Criticism Read More
Ghana plans to formalize worker exports to create legal job opportunities, reduce illegal migration, and increase remittances, as announced by Finance Minister Dr. Cassiel Ato Forson. The initiative aims to …
Ghana’s Initiative to Export Workers: A Strategy to Increase Remittances and Reduce Illegal Migration Read More
Ghana’s Finance Minister disclosed the country will incur $8.7 billion in external debt services over four years, particularly in 2027 and 2028, without any financial buffers to ease this burden. …
Ghana Faces Significant External Debt Service Challenges, Finance Minister Reports Read More
Finance Minister Dr. Cassiel Ato Forson emphasizes the significance of the 2025 Budget in stabilizing Ghana’s economy during a youth engagement session. He acknowledges ongoing economic challenges, pledges policy initiatives …
The 2025 Budget: A Vital Step Towards Ghana’s Economic Stabilization Read More