Ken Ofori-Atta, Minister of Finance, stated in the 2023 budget statement that Ghana’s public debt has increased by GH¢93 billion ($6.53 billion at the current rate) due to the depreciation….
Finance Minister, Ken Ofori-Atta has said Ghana’s currency lost its value against the major trading currencies by 53.8% since the beginning of 2022. This, he said is against the average….
Do you care to know why the Ghana Cedi is depreciating fast? Here you go… Historically, Ghana struggles to raise enough revenue to implement the government’s programmes and projects contained….
The Ghana National Chamber of Commerce and Industry (GNCCI) is raising concerns about the excessive reliance on monetary policy by the Bank of Ghana to control inflation and the cedi’s….
The Member of Parliament for Afigya Kwabre North, Collins Adomako Mensah has responded to claims that the NPP government has failed due to the rampant depreciation of the cedi against….
Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi. The increase in interest rates is however lower than the current inflation of….
Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi. The increase in interest rates is however lower than the current inflation of….
Forex bureaux in Ghana are lamenting the stiff parallel competition they are facing with illegal operators popularly known as black market. Vice President of Forex Beurau Association of Ghana, Dr….
Chief Operations Officer at Dalex Finance Mr Joe Jackson has said he expects the rate of depreciation of the Cedi against the Dollar to slow down. He stated that people….
The Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has called for urgent interventions by the Bank of Ghana (BoG) and the Ministry of Finance….
