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Energy sector debt hits $3b: Energy Minister-Designate calls for …
1 天前 · Ghana’s energy sector is facing a critical challenge with its debt burden escalating to over $3 billion as of January 12, 2025, Mr John Abdulai Jinapor, Energy Minister-Designate has revealed. Mr Jinapor made the revelation about the growing debt …
General News Archives - Ghana Business News
5 天之前 · President John Dramani Mahama has said he will soon establish a committee to begin the planning of a National Constitutional Review Validation Conference, to achieve broad consensus on the way forward for the constitutional amendments on…
Finance Minister-designate outlines key priorities: Economic …
1 天前 · Dr Cassiel Ato Baah Forson, the Finance Minister-designate, Monday shared his vision for Ghana’s economic future, highlighting his commitment to reducing prices, stabilising the economy, and creating jobs. Speaking during his vetting by the Appointments Committee of Parliament on Monday, he ...
Ghana’s economy rebounds in 2024 despite inflation woes
2025年1月3日 · Ghana’s economy displayed a remarkable rebound in 2024, achieving a GDP growth rate of 7.3 percent in the third quarter, the highest in five years. This surge followed a challenging 2023, marked by high inflation that peaked at 39.23%. While inflation remains a concern, it has shown signs of ...
I will be decisive, swift in my actions - Ghana Business News
2025年1月7日 · President John Dramani Mahama has vowed to take immediate and decisive steps to improve Ghana’s economic situation. In his inaugural speech after being sworn in as the country’s new President, Mahama acknowledged the challenging circumstances Ghana is facing, stressing the need for urgent action to stabilize the economy and improve the lives of Ghanaians.
World Bank approves $300m loan for Ghana’s economy
2024年1月23日 · Ghana’s rundown and debt-ridden economy has received a breather from the World Bank. Economic analysts say the ‘economy has been stripped to the bones,’ compelling a government that publicly vowed never to return to the Bretton Woods institutions, particularly the International Monetary Fund (IMF) doing so with cup in hand.
Finance Minister says Ghana’s economy is rebounding strongly
2024年12月5日 · He said they have also increased the LEAP cash transfer budget from GH¢50 million in 2016 to GH¢720 million in 2024; indexed the LEAP benefits to inflation for the first time in the history of the programme in 2023 and beneficiaries of the Ghana School Feeding Programme increased from 1,671,777 in 8,326 public basic schools in 2016 to 4,029,580 in 10,832 public basic schools in 2024.
Ghana signs $260m World Bank deal to tackle energy sector ...
2024年10月26日 · He expressed concern about $1.2 billion shortfalls in the sector, which was more than the average disbursement the Bank provided to Ghana on an annual basis, calling for compliance to the objectives of the deal.
IMF Managing Director applauds Ghana on debt restructuring
2024年10月27日 · Earlier in October, Dr Mohammed Amin Adam, Finance Minister, said the completion of the Eurobond debt restructuring had resolved the country’s default on international bonds, “marking a significant milestone in its economic recovery.”