ECONOMY
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World Bank Approves $360m Budget Support for Ghana
The World Bank has approved a $360 million development policy financing package to help Ghana solidify recent macroeconomic gains and…
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AfDB Pledges Strong Partnership with Ghana to Drive Economic Transformation
The African Development Bank (AfDB) has reaffirmed its dedication to supporting Ghana’s development agenda following a successful week-long high-level mission,…
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World Bank Urges Developing Economies to Pursue Trade Reforms, Fiscal Resilience to Spur Growth
The World Bank is calling on emerging-market and developing economies to take bold steps toward accelerating economic growth in the…
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Manufacturing Emerges as Key Growth Driver in Ghana’s Q1 GDP
Ghana’s manufacturing sector grew by 6.6% in the first quarter of 2025, according to data from the Ghana Statistical Service,…
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BoG Cuts Losses to GH¢9.49bn in 2024, Improves Equity Position
The Bank of Ghana (BoG) has trimmed its operating losses for the 2024 financial year to GH¢9.49 billion, down from…
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BoG Holds Policy Rate at 28% to Anchor Disinflation Path
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 28 percent, reaffirming its commitment to a…
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Ghana’s Reserves Hit $10.7 Billion, Boosting Cedi and Investor Confidence
Ghana’s external position has seen a remarkable turnaround, with Gross International Reserves (GIR) rising to $10.672 billion by end-April 2025,…
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Ghana Cedi Defies Global Trends as Strong Internal Policies Drive Currency Gains
A Financial Economist with the University of Ghana Business School, Professor Lord Mensah, has attributed the Ghana cedi’s recent appreciation…
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Falling Commodity Prices Ease Inflation Pressures but Threaten Developing Economies’ Growth
Global commodity prices are set to plunge to their lowest point of the decade, the World Bank warns, as slowing…
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UG, UNDP Partner to Boost Innovation, Skills and Digital Economy
The University of Ghana and the United Nations Development Programme (UNDP) have signed a groundbreaking Memorandum of Understanding (MoU) to…
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