Ghana has officially requested modifications to the conditionality of its IMF-supported Extended Credit Facility (ECF) programme, as outlined in the recent third review staff report for the Post-COVID-19 Programme for
The cedi is expected to maintain its recent stability, buoyed by the anticipated influx of foreign exchange (FX) from expected tourists, coupled with the recent disbursements by the International Monetary
As Ghana heads into a highly anticipated general election, the government’s efforts to stabilize the cedi have intensified. Trading at GH¢16.30 to the US dollar in the open market, down
CMAG’s mission is to foster deeper relationships between Africa and global markets, and thereby enable the creation of resilient and diversified critical minerals supply chains. Global leaders in the critical
The value of essential agricultural and related imports was US$2.66billion in 2023, a decrease of about 2.5 percent compared to US$2.73billion in 2022, data from the United States Department of
Government is set to re-enter the domestic bond market ahead of the typical recovery timeline following its Domestic Debt Exchange Programme (DDEP), completed in September 2023. It plans to reintroduce
The Ghana National Chamber of Commerce and Industry’s (GNCCI) interactions with businesses indicate a gradual increase of confidence in the economy and successful debt renegotiation with external creditors. The Chamber’s
As the holiday season approaches, government has expressed confidence in the cedi’s ability to withstand increased forex demand. During a media briefing in Washington, D.C., Finance Minister Dr. Mohammed Amin
The Bank of Ghana (BoG) has announced that it is implementing proactive measures to strengthen its foreign reserves in response to the cedi’s ongoing depreciation against major currencies. As this
The International Monetary Fund (IMF) has revised its economic growth forecast for Ghana, projecting a 4 percent growth rate at the end of 2024 – up from its previous 3.1
