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The swift tightening of monetary policy in advanced economies, especially the United States, in response to high inflation poses grave challenges to emerging markets and developing economies (EMDEs) such as Ghana. According to the World…

The Chief Executive of the Ghana Association of Industries (AGI), Seth Twum Akwaboah, has called for a reduction in duties paid on raw materials used in printing and packaging in the manufacturing sector. According to him, this is…

The government treasury bill (T-Bills) auction for this week has been oversubscribed by GH¢3.90 billion as investors cash in soaring interest rates on government-dated securities. This accounts for a 15 per cent increase in…

The government borrowed ¢11.26 billion through treasury bills in May 2023. This represents a 36.57% increase over the previous month. The target for the month was estimated at ¢11.33 billion. According to the trading results, the…

The government has sent a proposal on the restructuring of its external debt to its official creditors. According to Reuters, the ‘working proposal’ is however not legally binding. The move could be seen as a major step for the…

The Vice President, Dr. Mahamudu Bawumia, has indicated that Ghana remains the most favourable investment destination in the West African Sub-region despite the existing economic challenges. According to him, the Ghanaian economy would…

The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has urged African countries to create trade opportunities and increase investment in agriculture to address food security in Africa. According to Dr.…

Global growth has slowed sharply and the risk of financial stress in Emerging Market and Developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World Bank’s latest Global Economic Prospects …

The US has charged the biggest crypto trading platform in the country with operating illegally, widening its crackdown on the industry. The Securities and Exchange Commission said Coinbase had acted as a broker, exchange and…

Saudi Arabia's attempt to shock oil markets and push oil prices higher appears to have backfired, with prices falling and Saudi Arabia's market share in Asia now under threat. Chart of the Week - As the only OPEC+…