04March2015

Business in Ghana

Ghana Reaches Agreement With IMF In $1 bln Aid Deal

Ghana reached an agreement with the International Monetary Fund (IMF) on Wednesday for a three-year aid deal worth around $1 billion aimed at restoring fiscal stability to the West African state, a source close to the talks told Reuters.

Read more...

  • Written by administrator
  • Hits: 56

Gov’t Welfare Ticket Could Exceed GHC47 Million

Government’s spending on welfare for the most vulnerable and poor people in the country under the Livelihood Empowerment against Poverty (LEAP) could exceed the budgeted GHC47.4 million when negotiations for an increment in the grant to the vulnerable is concluded.

Read more...

  • Written by administrator
  • Hits: 36

‘Ensure Balanced Exchange Rate Between Cedi, Major Currencies’

A senior Lecturer at the Department of Economics of the University of Ghana, Dr Albert D.A. Laryea, has called on policy-makers to ensure that the exchange rate of the cedi is not undervalued or overvalued against major trading currencies.

Read more...

  • Written by administrator
  • Hits: 44

IMF Bailout - Ghana Upbeat About Reaching Agreement

The International Monetary Fund (IMF) has expressed optimism about finalising discussions with Ghana for an economic programme ahead of schedule.

Read more...

  • Written by administrator
  • Hits: 40

BoG Increases Minimum Capital For Micro Finance Institutions This Month

The Bank of Ghana will by the end of this month increase the capital requirement for micro finance institutions which currently stands at GH¢ 500,000.00.

Read more...

  • Written by administrator
  • Hits: 56