Business

The International Monetary Fund (IMF) has reached a staff-level agreement with Ghana on the first review of the country’s 36-month programme under the Policy Coordination Instrument (PCI), marking progress in efforts to maintain macroeconomic stability and advance fiscal reforms.The agreement follows discussions between an IMF team led by Ruben Atoyan and Ghanaian authorities during a visit to Accra from October …

Finance Minister Dr Cassiel Ato Forson has pledged to outline the government’s plans to translate Ghana’s economic recovery into job opportunities, improved incomes and business growth when he presents the 2027 Budget Statement on Thursday, November 12. In a Facebook post on Tuesday, November 3, 2026, Dr Forson said the next phase of the country’s economic recovery must deliver tangible …

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has expressed confidence in the performance of the Ghanaian Cedi, assuring Ghanaians of a favourable exchange-rate environment during the upcoming Christmas festivities.Dr Asiama gave the assurance on Monday, November 2, 2026, while speaking at the African Virtual Assets Summit (AVAS) 2026, amid public concerns about exchange-rate movements and their …

The government will present the 2027 Budget to Parliament on November 12, with a focus on transitioning Ghana’s economy from stabilisation to a more productive, competitive and technology-driven path. Deputy Finance Minister Thomas Nyarko Ampem said the budget would advance the next phase of the government’s economic agenda, with emphasis on translating macroeconomic stability into job creation, higher incomes and …

The Bank of Ghana (BoG) is developing a directive to guide the use of artificial intelligence (AI) in the financial sector, seeking to promote technological innovation while addressing emerging risks associated with the technology. Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, said the initiative would strengthen data governance, enhance institutional decision-making and promote the responsible adoption of …

Petrol and liquefied petroleum gas (LPG) prices could decline at fuel stations from November 1, 2026, while diesel prices may increase following adjustments to the National Petroleum Authority’s (NPA) price floors for the first half of November. The NPA has lowered the minimum price benchmark for petrol from GH¢16.09 to GH¢15.39 per litre for the November 1–15 pricing window. The …

The Bank of Ghana (BoG) has urged exporters to repatriate all export proceeds through the formal banking system, warning that failure to return foreign earnings weakens the country’s foreign exchange reserves and undermines efforts to stabilise the cedi and contain inflation. Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, said unreturned export proceeds limit the country’s ability to …

Finance Minister Dr Cassiel Ato Forson has expressed optimism that Ghana’s economy will grow beyond the International Monetary Fund’s (IMF) revised projection of 5.7% for 2026. The minister’s remarks follow the IMF’s upward revision of Ghana’s growth forecast from 4.6% in April, representing an increase of 1.1 percentage points. Reacting to the revised outlook, Dr Ato Forson said the government …

Finance Minister Dr Cassiel Ato Forson has called on public officials to strengthen financial accountability and ensure that every cedi entrusted to them is properly accounted for, warning against making the recovery of public funds an annual routine. He made the appeal during an engagement on the Auditor-General’s Report, which brought together regional ministers and metropolitan, municipal and district chief …

The Bank of Ghana (BoG) has warned the public against taping, gluing, stapling or otherwise repairing damaged Ghana cedi banknotes for re-issuance or circulation. The caution follows the circulation of a video on social media showing individuals repairing torn and soiled cedi notes with adhesive tape as part of a business activity. In a statement issued on Wednesday, October 7, …