7 d. ago Preserve integrity of fiscal policy adjustment to bolster economic recovery – IMF to government

It commended the government (Ministry of Finance and Bank of Ghana) for making headway on their public debt restructuring, highlighting the Memorandum of Understanding (MoU) with Ghana’s Official Creditors Committee (OCC) under the G20 Common Framework.  The focus is now on finalising the bilateral agreements to implement the MoU.

Politics

1 week ago Parliament approves $360m World Bank facility to support 2025 budget

Parliament has approved a $360 million financing agreement between government and the World Bank's International Development Association (IDA) for the Second Resilient Recovery Development Policy Financing.

Politics

2 w. ago 8 galamsey suspects arrested at Apremadi, police recover excavator parts

Eight persons have been arrested by the Ghana Police for allegedly engaging in illegal mining activities in the Apremadi community in the Amansie South District of the Ashanti Region. The arrests were announced in a police statement issued on Saturday, June 29, 2025, following an intelligence-led operation by the Special Anti-Galamsey Operations Team. The suspects […]

Events

2 w. ago World Bank backs Ghana with $360m to strengthen macroeconomic stability

The World Bank has approved a $360 million financing package to support Ghana’s economic rebound, a move that signals renewed confidence in the country’s path to recovery and reform. The funding, under the Second Resilient Recovery Development Policy Operation (DPO), aims to restore macroeconomic stability, revive investor confidence, and reinforce structural reforms to future-proof the […]

Economics

2 w. ago Western Region police arrest 44 suspects in major ‘galamsey’ raid

Police have apprehended 44 suspects related to illegal mining (galamsey) during a series of planned, intelligence-driven raids in the Western Region. This crackdown is part of the ongoing efforts by the Western Regional Police Command to tackle the rampant issue of galamsey, which poses a serious threat to the region’s environment and natural resources. The […]

Events

3 w. ago Strong financial and monetary policies have boosted Ghana’s foreign reserves – Prof. Patrick Asuming

Ghana’s recent improvement in foreign reserves has been driven by strong financial and monetary policy discipline, not necessarily a broad-based recovery in the real economy.

Events

3 w. ago Analysis: Fitch upgrade signals turning point for Ghana’s economy, but risks persist

Ghana’s sovereign credit rating upgrade from Restricted Default to ‘B-’ with a Stable Outlook by Fitch Ratings marks a significant milestone in the country’s macroeconomic recovery. The move reflects growing investor confidence, improved policy credibility, and progress on debt restructuring. It also signals Ghana’s gradual re-entry into global capital markets after a period of severe […]

Politics