Government debt

Business

Government Raises $2b From Domestic Bond

The Ministry of Finance has raised a total of $1.13 billion through the issuance of 15 ad 17 year bonds at the same...

International

Ghana Raises 1.12 Billion USD In Domestic Bonds

Ghana came out of the market late Friday with 4.87 billion Ghana cedis (1.12 billion U. S. dollars) in two concurrent...

Business

Ghana’s Public Debt Hits 72.5% of GDP

Ghana’s public debt has hit GH¢ 122.3billion representing 72.5% of GDP at the end of February 2017, according to the...

Business

Public Debt of GH122 Billion For End of 2016 Could Still Increase

The current public debt of GHC122.3 billion for-end-of last year could increase further when the final numbers are...

Business

Ghana Needs To Grow Economy To Sustain Its Debt

A senior lecturer and the head of finance department of the University of Ghana (UGBS), Prof. Godfred Bokpin has said...

Headlines

US Treasury Halts Retirement Outlays To Stay Under Debt Limit

US Treasury Secretary Steven Mnuchin on Thursday announced his department is suspending contributions to government...

Business

Budget Built On Weak Foundation

Economic fundamentals remain weak, and so the 2017 budget lacks a strong foundation, the Institute for Fiscal Studies...

Top Stories

GHC16billion Will Be Allocated To Wages, Salaries – Ofori-Atta

GH¢16billion will be used for wages and salaries alone in 2017, Finance Minister Ken Ofori-Atta has told parliament as...

Business

Fiscal Deficit To Decline – Fitch

The focus of the 2017 fiscal budget to be presented to Parliament today is expected to stimulate economic growth whilst...

Top Stories

Ghana Faces Budget Bind; Unplanned Spending Roils Investors

Ghana’s new finance minister faces having to fulfill election pledges to spend more on education and job creation...

Top Stories

Tax Reforms, Debt Management To Dominate Budget

The research division of Groupe Nduom, is projecting major tax reforms to come out of Thursday’s budget statement....

Business

Every Ghanaian Owes GHC4,519

Latest figures from the government on Ghana's total debt stock suggests that every Ghanaian, including new born babies,...

Top Stories

Every Ghanaian Owes GHC 4,519

Latest figures from the government on Ghana's total debt stock suggests that every Ghanaian, including new born babies,...

Business

Ghana’s Deficit Highlights Downside Fiscal Risks – Fitch

Credit Ratings Agency – Fitch – has said Ghana's disclosure of $1.6billion unreported expenditure and the resulting...

Business

IMF Deal Was A Waste of Time

Dr. Mark Assibey-Yeboah, the Chairman of the Finance Committee has rebuked the NDC government for failing to meet...

Top Stories

High Expectations As Akufo-Addo Firms Up Policies With First SONA Today

President Nana Akufo-Addo is set to deliver his first State of the Nation Address (SONA) Tuesday and he is expected to...

Business

Economy Deteriorated In 2016

The International Monetary Fund (IMF) has expressed shock at the level of deterioration of various economic indicators...

International

Treasury Expects Sh100bn In Loans By End of March

Kenya is looking to receive up to Sh100 billion in syndicated loans by end of March as it moves to patch up the current...

Business

Economist Feels Sorry For Next Finance Minister; He’s In Very Tight Corner

Ghanaians have been urged to temper their expectations of the new New Patriotic Party (NPP) government because economic...