The Minister for Finance, Dr. Cassiel Ato Forson, has cautioned businesses and the general public against trading or pricing goods and services in foreign currencies, particularly the US dollar, stressing that the Ghana cedi remains the country’s only legal tender. Speaking at the official launch of the Cedi@60 celebration in …
Read More »Bank of Ghana Launches Year-Long Celebration to Mark 60 Years of the Cedi
The Bank of Ghana (BoG) will today, Tuesday, October 28, officially launch a year-long celebration to mark 60 years of the cedi, Ghana’s enduring symbol of economic sovereignty and national identity. The official launch of the Cedi@60 commemoration will take place at the Accra International Conference Centre under the theme: …
Read More »Mahama Administration Plotting to Cancel 1D1F Policy — Michael Okyere Baafi Alleges
The Ranking Member of Parliament’s Trade and Industry Committee and MP for New Juaben South, Mr. Michael Okyere Baafi, has cautioned that the John Mahama administration is allegedly planning to cancel the One District, One Factory (1D1F) initiative introduced under former President Nana Addo Dankwa Akufo-Addo. He warned that any …
Read More »Government to Begin Poultry Distribution Under ‘Nkoko Nkitinkiti’ Programme in November — John Dumelo
The Deputy Minister of Food and Agriculture, John Dumelo, has announced that the government will commence the distribution of birds under its flagship poultry initiative, the ‘Nkoko Nkitinkiti’ Programme, from mid-November 2025. According to the Deputy Minister, this marks the first phase of the initiative, under which the government plans …
Read More »GNCCI Urges Government to Simplify Tax Regime and Review Rates to Boost Business Growth
The Ghana National Chamber of Commerce and Industry (GNCCI) has renewed its call on the government to simplify and consolidate Ghana’s complex tax regime as part of broader efforts to reduce the cost of doing business and enhance private sector growth. According to the Chamber, the introduction of a single, …
Read More »Ghana’s Producer Price Inflation Rises to 3.2% in September 2025
The year-on-year Producer Price Inflation (PPI) for all goods and services in Ghana stood at 3.2% in September 2025, according to the latest data released by the Ghana Statistical Service (GSS). This marks a 0.2 percentage point increase from the 3.0% recorded in August 2025. However, it reflects a sharp …
Read More »Ghana Participates in 2025 IMF/World Bank Annual Meetings as Finance Minister Heads Delegation
story by Bequin Akua Mayollen Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, is heading a high-powered government delegation to Washington, D.C., to attend the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group. The week-long meetings, which run from Monday, October 13 to Saturday, …
Read More »Ghana Cedi Named Africa’s Best-Performing Currency in 2025 — World Bank
The Ghanaian cedi has emerged as Africa’s top-performing currency so far in 2025, despite recent mild depreciation pressures, according to the World Bank’s latest Africa Pulse Report. The report highlights that the cedi has appreciated by over 20 percent against major foreign currencies since the beginning of the year — …
Read More »Investor Confidence Rises as Treasury Bills See 23.5% Oversubscription Post-IMF Review
Investor confidence in Ghana’s treasury market has seen a notable rebound following the successful completion of the 5th review of the country’s programme with the International Monetary Fund (IMF). According to the Bank of Ghana’s latest trading results, treasury bills were oversubscribed by 23.5%, signaling renewed optimism in the government’s …
Read More »Government Spending Below Target in First 7 Months of 2025 – Bank of Ghana Report
The Bank of Ghana’s September 2025 Monetary Policy Report has revealed that government spending for the first seven months of the year was kept below target, reflecting improved fiscal discipline and stronger expenditure controls. According to the report, total government expenditure stood at GH¢131.1 billion, equivalent to 9.4% of GDP, …
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