Dr. Ernest Addison, Governor of BoG The Cedi depreciated by 7.81 percent against the US dollar in the year to October 2018 on the interbank market compared with 4.03 percent
Global Growth To Slow To 2.9%
Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said Tuesday.
No Data On ABFA Expenditure In PIAC Report
Dr Steve Manteaw The Public Interest and Accountability Committee (PIAC) has called for sanctions for institutions that delay in submitting data for its reports. The committee, which has oversight responsibility
Inflation Ends Year At 9.4%
The year-on-year inflation rate ended December 2018 at 9.4 per cent, up 0.1 percentage point from the 9.3 per cent recorded in November 2018, the Ghana Statistical Service (GSS) said
Finance Ministry Gets Coordinating Directors
Ken Ofori-Atta Michael Ayesu and Eva Esselba Mends, two seasoned public servants with 30 and 27 years of work experience in the Ministry of Finance respectively, have been offered the
‘Finance Ministry Must Sanction Officials’
Daniel Domelevo The Auditor-General, Daniel Domelevo, has advised the Ministry of Finance to slap public officials who engage in financial irregularities with hefty sanctions. This, according to him, would help
Pensions Increase By 11%
Dr John Ofori-Tenkorang, Director General of SSNIT The Social Security and National Insurance Trust (SSNIT) has announced an increase of 11 percent in pensions for 2019. The increase, announced at
We’ve No Hand In GH¢2bn GAT Bailout For 5 Banks – BoG
Dr. Ernest Addition The Central Bank has denied playing any direct role in the selection of five banks for recapitalization under the Ghana Amalgamated Trust (GAT). GAT is an arrangement
3 In Court For Tax Evasion
Three persons were on Thursday put before an Accra Circuit Court on charges of conspiracy to commit crime and tax evasion at the Tema Port. The three are Doris Asamoah,
World Bank President To Step Down
Jim Yong Kim World Bank Group President Jim Yong Kim has announced that he will be stepping down from his position after more than six years in which the institution’s shareholders
Minister Supports Compact II Programme
Cynthia Morrison (middle) in a group photograph with Dr Antwi-Nsiah, Ellen Dzah, Pamela Djamson-Tettey (left) and Martha Ofori (right) Cynthia Mamle Morrison, Minister for Gender, Children and Social Protection (MoGCSP)
16 Firms Bid For Oil Blocks
A total of 16 oil companies have submitted 60 applications for Ghana’s auctioned oil blocks in the Western Region. It would be recalled that President Akufo-Addo auctioned six offshore oil
Tax Holiday For Kantanka Automobile
Showroom of Kantanka Automobile Kantanka Automobile has been given 10-year tax holiday by government. This was announced by the Chief Executive Officer (CEO) of Kantanka Group of Companies Nana Kwadjo