Browsing: Finance
The Producer Price Inflation declined marginally by 0.9 percentage points to 26.1% in December 2024. The month-on-month change in the…
The Ghana Revenue Authority (GRA) has exceeded its revenue target for 2024 by mobilizing GH₵153.5 billion. Data shows that the…
Ghana’s external debt restructuring has had a significantly smaller impact on the capitalization of banks than the Domestic Debt Exchange…
The indispensable role of digitalisation, as the catalyst for Africa’s economic transformation, has been at the forefront of the 2025…
Dr Ato Forson emphasized that his major target for this is to reduce inflation drastically to a single digit of 8%, increase domestic revenue mobilisation by about 5% of Gross Domestic Product, while stabilizing the Cedi. To achieve these, the fiscal system needs to be efficient in controlling government expenditure and improving revenue collection while eliminating leakages.
Ghana’s shine at the global space comes the same week the 2025 World Economic Forum (WEF) resolved after the 4-day summit that, “adopting emerging technologies such as artificial intelligence, the Internet of things and digitising economies, are indispensable to the growth of Africa.”
The finance minister, Dr Cassiel Ato Forson’s resolve to reintroduce the road toll levy collection this year ignited much interest and massive support from the stakeholders and the general public.
With these trends, 2025 presents diverse opportunities for investors, particularly in gold and cocoa, while the oil market may require cautious navigation amidst ongoing challenges.
The Minister of Finance designate, Dr Cassiel Ato Baah Forson, has promised to carry out significant reforms in the implementation…
The African Centre for Energy Policy (ACEP) is calling for a change of all petroleum margins into tax revenues to…