News
Government has not requested IMF programme extension " Deputy Finance Minister clarifies
6+ day, 15+ hour ago (413+ words) The Deputy Minister of Finance, Thomas Nyarko Ampem, has dismissed claims that the government is seeking another bailout programme from the International Monetary Fund (IMF), clarifying that Ghana is only requesting technical support under a Policy Coordination Instrument (PCI). According…...
Ghana ends IMF programme; shifts to Non-Financing support
1+ week, 2+ day ago (220+ words) The Government of Ghana has announced the successful conclusion of the country's Extended Credit Facility (ECF) programme with the International Monetary Fund (IMF). Although the development signals Ghana's planned transition away from a financial bailout arrangement, the country will now…...
24-hour economy market project: Krachi East MCE advocates for local youth employment
1+ week, 5+ day ago (285+ words) The Municipal Chief Executive (MCE) for Krachi East in the Oti Region, Sarfo Nketia, has called on the contractor handling the 24-hour economy market project to prioritise local hiring in order to curb youth unemployment within the municipality. Krachi East…...
Value for Money Office to begin operation in January 2027 " Finance Minister
1+ week, 6+ day ago (436+ words) The Minister for Finance, Dr Cassiel Ato Baah Forson, has hailed President John Dramani Mahama for graciously assenting the Value for Money Office Bill. The Office according to the Finance Minister would be operating in January 2027. The Value for Money…...
Office for Value for Money will reduce contract padding and create fiscal space " Dr. Ato Forson
1+ week, 6+ day ago (205+ words) Finance Minister Cassiel Ato Forson has expressed confidence that the newly established Office for Value for Money will play a critical role in reducing inflated public contracts and cutting wasteful government expenditure. Speaking after President John Dramani Mahama assented to…...
Fitch upgrades Ghana's credit rating to 'B' amidst global uncertainty and economic turbulence
2+ week, 2+ day ago (431+ words) Ghana's sovereign credit profile has received a major boost after Fitch Ratings upgraded the country's Long-Term Foreign-Currency Issuer Default Rating from B- to B, with a Positive Outlook, citing strong economic growth, sharp debt reduction, fiscal discipline, and rising international reserves....
Housing and food prices drove April inflation - GSS
2+ week, 4+ day ago (186+ words) Rising housing and food prices were the main drivers of inflation in April 2026, according to new data released by the Ghana Statistical Service, despite mixed price trends across other sectors. The report indicates that the housing, water, electricity, gas and…...
Mahama reaffirms commitment to business-friendly environment, private sector growth
1+ mon, 23+ hour ago (227+ words) This came during a courtesy call by members of the Ghana CEO Network at the Presidency, where the President outlined key progress in the country's economic recovery. He disclosed that Ghana's Gross Domestic Product (GDP) has risen to an estimated…...
Mahama pledges to sustain single-digit inflation after sharp decline
1+ mon, 5+ day ago (215+ words) President John Dramani Mahama has reaffirmed his government's commitment to keeping inflation within single digits, following a significant drop in the rate to 3. 2 per cent. He said the decline reflects a broader effort to stabilise the economy through disciplined fiscal…...
Mahama's industrial push gains momentum: Kwahu 2026 ignites Ghana's manufacturing future
1+ mon, 3+ week ago (435+ words) Ghana has taken a decisive step toward industrial transformation with the opening of the 2026 Kwahu Business Forum in Mpraeso, positioning the country's future firmly around manufacturing, enterprise growth, and job creation. Delivering the convener's address, Chief of Staff Julius Debrah…...