News
Cedi stability and falling inflation signal economic recovery — BoG Governor
17+ hour, 35+ min ago (923+ words) The Governor of the Bank of Ghana, Johnson Pandit Asiama, has told Parliament that Ghana's economy is showing clear signs of recovery after a period of severe macroeconomic pressure, citing a sharp fall in inflation, a stronger cedi and renewed…...
Fiscal reforms put GH¢6bn back in citizens' pockets — Mahama
3+ day, 15+ hour ago (432+ words) PRESIDENT John Dramani Mahama has declared that his government's aggressive fiscal reforms have returned an estimated GH6 billion directly to ordinary Ghanaians, as the national economy surged past the $100 billion mark for the first time in the country's history. Delivering the…...
China sets lowest economic growth target since 1991
4+ day, 23+ hour ago (856+ words) China has cut its annual economic growth target to a range of 4.5%-5%, the lowest expansion goal since 1991 as it grapples with challenges both at home and abroad. It is the first time the target has been lowered since it was…...
Ghana records 14th straight drop in inflation
5+ day, 22+ hour ago (951+ words) Ghana's inflation rate declined to 3.3 per cent in February 2026, representing the 14th consecutive monthly decline and the lowest level recorded since the Consumer Price Index (CPI) was rebased in 2021, according to fresh data published by the Ghana Statistical Service. The February…...
Government clears way for return to long-term domestic borrowing
1+ week, 13+ hour ago (283+ words) The Ministry of Finance has announced the expiration of restrictions on new domestic bond issuance, effectively ending a three-year measure introduced at the height of Ghana's debt crisis. In a press release dated March 2, 2026, the ministry said the measures, imposed…...
Moving beyond stabilisation to structural reforms is our vision - President assures private sector
1+ week, 5+ day ago (446+ words) President John Dramani Mahama has said that the nation's economic transformation depends on moving beyond mere stabilisation to structural reforms. He said this could be achieved through strategic partnership between the government and the private sector, adding that "stabilisation is…...
Ghana’s growth slows to 4.2% in November as industry falters
3+ week, 4+ day ago (558+ words) Ghana's economic expansion lost pace in November 2025, with fresh data from the Ghana Statistical Service showing that a sharp slowdown in industry weighed on overall performance despite continued strength in services and steady gains in agriculture. The provisional Monthly Indicator…...
The political meaning of numbers
1+ mon, 2+ day ago (830+ words) Ghana's inflation has dropped to 3.8 per cent as per the Ghana Statistical Service's release last Wednesday. "In a conversation with a good friend, I was asked why prices of goods and services on the market are not declining if, indeed,…...
Inflation drops for 13th straight month to 3.8%
1+ mon, 5+ day ago (450+ words) Ghana's headline inflation rate fell sharply to 3.8 per cent in January 2026, the lowest recorded since the rebasing of the Consumer Price Index (CPI) in 2021 and the thirteenth consecutive month of decline, the Ghana Statistical Service (GSS) announced today (February 4, 2025). The…...
Explainer: Government Statistician on why prices may rise even as inflation falls (VIDEO)
1+ mon, 5+ day ago (260+ words) In the wake of Ghana's headline inflation rate falling sharply to 3.8 per cent, a figure heralded as a sign of returning macroeconomic stability, many citizens are left with a pressing, everyday question: if inflation is down, why do prices in…...