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We don’t see inflation increasing above 5% by December 2026 – Ato Forson
Finance Minister Dr. Cassiel Ato Forson is optimistic inflation will not go beyond 5% by the end of the year. He, however, sees inflation rising further in the coming months, from the current 3.4 % due to developments in the Middle East and rising crude prices. The finance minister disclosed in an interview with Bloomb...
BoG Governor pushes digital credit, bankable projects to boost private sector lending
Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, says improving access to credit for businesses and individuals remains a major priority as the country seeks to consolidate economic stability and accelerate growth. Addressing participants at the Ghana-UK Investment Summit in London, he acknowledged that...
NPA CEO monitors 24-hour economy pilot implementation at Tema fuel depots
The Chief Executive of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo Esq., has undertaken a night monitoring exercise at selected petroleum depots in Tema to assess the progress of the pilot phase of the 24-hour economy programme in the downstream petroleum sector. Mr Tameklo, accompanied by key stakehol...
ASEC’s take on the 2026 mid-year budget review: Ghana must balance energy security with the green transition
The Africa Sustainable Energy Centre (ASEC) has reviewed the 2026 Mid-Year Budget Review presented by the Minister for Finance and welcomes Government’s continued commitment to strengthening Ghana’s energy sector. The budget contains several positive interventions that have the potential to improve energy security and...
“We want to attract export finance and hedge funds” — Forson
Cassiel Ato Forson has announced that the government will introduce a comprehensive “new economy” framework in the 2027 Budget, aimed at attracting investment into key sectors to drive long-term growth and improve Ghana’s capacity to repay investments. Speaking at the Ghana-UK Investment Summit 2026, Forson said the in...
Inflation for June 2026 rises sharply to 5.3%; rising non-food prices main contributor
Ghana’s year-on-year inflation rate rose to 5.3% in June 2026, up from 3.7% in May, marking a 1.6 percentage point increase largely driven by rising non-food prices, according to the Ghana Statistical Service (GSS). Despite the increase, inflation remains significantly lower than the 13.7% recorded in June 2025, indica...
Government does not set fuel prices, global market does — COMAC CEO
The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Riverson Oppong, says international crude oil prices and exchange rate movements—not government decisions—remain the biggest determinants of fuel prices in Ghana. Speaking on the Asaase Breakfast Show on Wednesday (15 July), Oppong explained...
Mahama unveils $10 billion infrastructure drive, outlines plan for new national airline
President John Dramani Mahama has outlined a wide-ranging infrastructure development agenda, including plans to establish a new national airline, as Ghana courts investors at the Ghana-UK Investment Summit in London. Speaking at the summit on Monday, 1 June 2026, President Mahama said infrastructure remains central to...
Gold boom pushes Ghana’s export earnings to record $18.2bn in first half of 2026
Ghana’s export earnings have surged to a record $18.2 billion for the first six months of 2026, driven largely by strong gold proceeds. The latest Summary of Economic and Financial Data released by the Bank of Ghana shows that total exports at the end of June 2026 increased significantly from the $13.7 billion recorded...
Government cut spending after missing revenue targets – Gideon Boako
The Deputy Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, has accused government of significantly reducing expenditure due to poor revenue performance in the first quarter of 2026. Contributing to debate in Parliament on Tuesday, the Tano North MP argued that weak revenue mobilisation forced governm...
Why similar vehicles attract different import duty rates: What you need to know before importing a car into Ghana
Have you ever questioned why Customs calculates import duty for vehicles using a value different from the price at which the vehicle was purchased abroad? And have you also asked why two seemingly identical vehicles attract different import duty rates? According to the Customs Division of the Ghana Revenue Authority (G...
Mid-Year Budget must outline clear roadmap to sustain economic gains – Prof Bokpin
Economist and University of Ghana Business School lecturer, Professor Godfred Bokpin, has urged the government to use the 2026 Mid-Year Budget Review to present a clear roadmap for sustaining the country’s recent economic gains beyond the ongoing International Monetary Fund (IMF)-supported programme. His comments come...