Tag: Ministry of Finance
Business
Government revenue drops to GH¢4.5bn since June
The government has raised more than GH¢4.5 billion from the sale of short-dated securities at the lowest rate since June 2022.It resold the 91-,...
Business
Fitch issues a warning about further rating downgrades
A number of factors could lead to another downgrade of the nation's credit ratings, according to credit evaluator Fitch Ratings, including failing to honor...
Business
Ghana is suffering the worst economic crisis of our lifetimes- Kofi Bentil
Lawyer Kofi Bentil has described the current economic malaise Ghana is suffering as "the worst economic catastrophe of our lifetimes."He believes that the president...
Business
Debt exchange: Abstainers hold on to GH¢14.76bn of old bonds
SOME investors, including pensioners that declined Ghana’s domestic debt exchange programme (DDEP) hold about GH¢14.76 billion of the now old sovereign paper, a statement...
Headline
Former Chief Justice, Sophia Akuffo joins pensioners to protest against DDEP
Sophia Akuffo, the recently-retired Chief Justice of Ghana, has joined the pensioners picketing in Accra at the Ministry of Finance.The pensioners have been picketing...
Headline
DDEP deadline was extended to February 10 due to ‘technical glitches’
Due to " technical glitches' the Domestic Debt Exchange Programme (DDEP) of the Government of Ghana has been extended to February10 ,2023.This was announced...
Business
DDEP: On January 23, pensioner bondholders will congregate before the MoF
Pensioner bondholders have given notice that if the finance minister does not accept their request for a larger stakeholder engagement, they will assemble at...
Business
The nation’s debt will cause a decline in the capital of Ghanaian institutions – Fitch Ratings
According to Fitch Ratings, the restructuring of local currency (LC) state debt might put substantial pressure on the capitalization of Ghanaian banks.When banks swap...
News
Pharmaceutical Society of Ghana calls on members to reduce medicine prices
Following a progressive strengthening of the Ghana cedi versus the major trading currencies, the Pharmaceutical Society of Ghana (PSGH) has urged its members to...
Business
Domestic Debt Exchange Program’s expiration date postponed
The Ministry of Finance has extended the Domestic Debt Exchange Program (DDEPexpiration )'s date from Monday, December 19 to December 30 of this year,...
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