Williams Agyapong 10547 posts 0 comments

A Deputy Finance Minister, Abena Osei-Asare has justified the GH¢20 billion cut in expenditure saying it is enough for the country in its current state. The Finance Minister, Ken Ofori-Atta presenting the mid-year budget review in…

Total currency in circulation rose by 42.8% to about 35.584 billion in 2022. According to the Bank of Ghana’s 2022 Annual Report, a total of ¢35.584 billion were notes and ¢494.173 million were coins. About ¢9.8 billion of the…

In line with Government’s unwavering commitment to industrialisation, the implementation of the flagship One District One Factory (1D1F) Initiative is on course, Finance Minister Ken Ofori-Atta has said. According to him, as of June…

Finance Minister, Ken Ofori-Atta, has disclosed that the government’s YouStart initiative has benefited 26,626 individuals across the nation since its launch last year. The initiative aims to provide participants with entrepreneurial…

Oil prices were poised early on Monday to end July trading with the biggest monthly gain since January 2022, buoyed by tightening supply, expectations of record demand, slower inflation in the U.S., and a still resilient American economy.…

The prospects of China’s oil demand and expected further economic stimulus in the world’s top crude importer have played the biggest role in the oil price rally in July, according to Goldman Sachs. Oil prices were rising early on Monday…

As we first noted last week, Ford is slated to lose $4.5 billion from its EV segment this year, a $1.5 billion larger loss than the company had expected.  So far this year, the division has lost $1.8 billion and this year's $4.5 billion…

Recent production cuts by Saudi Arabia are beginning to take a toll on the nation's economy, according to the IMF's latest World Economic Outlook. The Kingdom's 2023 GDP growth projections have been significantly reduced, now expected to…

The Finance Minister, Ken Ofori-Atta has announced some revisions to Ghana’s key macro-fiscal targets for 2023. Presenting the Mid-Year Budget in parliament on July 31, 2023, the minister stated that the government has reviewed end year…

Minority Leader, Cassiel Ato-Forson has opposed the Finance Minister's notion that the country is showing signs of recovery. The legislator contends that the proclamation by the Finance minister does not hold water especially when the…