Economy
Stories in this category
Ghana’s export earnings hit $11.1bn on surging gold prices
Ghana’s total export earnings reached $11.1 billion by the end of April 2026, driven largely by rising gold prices and strong export performance.
GIPS hails new value for money legislation, urges swift passage of Procurement Practicing Bill
The Ghana Institute of Procurement and Supply (GIPS) has welcomed the newly assented Value for Money legislation, describing it as a major step toward strengthening transparency, accountability, and efficiency in the management of the public purse. According to the institute, the law will help ensure that government sp...
COCOBOD has outlived its usefulness; farmers’ day must be reviewed — NDPC Chairman
Chairman of the National Development Planning Commission (NDPC), Dr Nii Moi Thompson, has called for a critical review of the relevance of the Ghana Cocoa Board (COCOBOD), arguing that the institution may have outlived its usefulness in Ghana’s economy. Speaking at a lecture on infrastructure and development planning a...
Ghana’s pubic debt hits GH¢674.1bn as of February 2026
Ghana’s public debt stock increased to GH¢674.1 billion as of February 2026. This is equivalent to 42.2% of Gross Domestic Product (GDP). In dollar term, the public debt stock stood at US$63.1 billion. According to the Bank of Ghana’s May 2026 Summary of Economic and Financial Data, the country’s debt stood at US$61.3...
Ghana’s public debt hits GH¢674.1bn as of February 2026
Ghana’s public debt stock increased to GH¢674.1 billion as of February 2026. This is equivalent to 42.2% of Gross Domestic Product (GDP). In dollar term, the public debt stock stood at US$63.1 billion in February 2026. According to the Bank of Ghana’s May 2026 Summary of Economic and Financial Data, the country’s debt...
MIIF records GH¢5.43bn mineral royalty inflows, highest since inception
The Minerals Investment and Income Fund (MIIF) has recorded total mineral royalty inflows of GH¢5.43 billion for 2025, the highest since its establishment.
Cedi depreciates by 8.4% against dollar in interbank market
In January, the cedi depreciated by 4.6% to the US dollar, but it fared better in February 2026, losing 2.2% in value to the American greenback.
Ghana moves to enact new loans law to enforce discipline
According to the Minister, the proposed legislation will strictly define the permissible uses of borrowed funds, with a clear requirement that every loan be linked to high-impact, value-for-money investments.
Isaac Boadi: Structural weaknesses, not macroeconomic indicators, behind cedi slide
Profesor Isaac Boadi, executive director of the Institute of Economic Research and Public Policy (IERPP), says the persistent depreciation of Ghana’s currency, the cedi, is driven by structural imbalances in foreign exchange supply and demand, even as several macroeconomic indicators show signs of recovery. The comment...
Cedi depreciation against dollar hits 5.86%, but BoG increases support to tackle pressures
The regulator disclosed to the dealers that additionally the “Bank has observed a persistent build-up in FX [forex] demand and volatility in the FX market, as reflected in recent auction bids and will therefore intervene with US$350 million solely to cover residual unmet bids from the auction”.
Ghana’s economy expands 5.1% in May 2026; services drive expansion, agriculture slows
Presenting the report, the Government Statistician, Dr. Alhassan Iddrisu, explained that the latest figures indicate the economy is still expanding, although at a gentler pace than a year earlier.
AI gone wrong with businesses hit with inflated customs charges – Minority blasts gov’t
Minority Leader Alexander Afenyo-Markin has raised concerns over what he describes as unjustified customs charges driven by artificial intelligence systems at Ghana’s ports, warning that businesses are being unfairly burdened.