Category: Economy

The Government is advancing plans to develop a modular gas processing facility and a 1,200- megawatt state-owned gas-fired power plant. The projects are intended to strengthen energy security, expand electricity generation capacity and reduce power generation costs. Presenting the 2026 Mid-Year Budget Review to Parliament on Thursday, Dr Cassiel Ato Forson, Minister of Finance and…

Students of the University of Ghana have observed first-hand how the Bank of Ghana’s (BOG) Monetary Policy Committee (MPC) determines the country’s benchmark interest rate. The students participated in the 131st MPC meeting, where they were introduced to Ghana’s monetary policy framework, the role of the Committee, and attended technical presentations underpinning its deliberations. Dr…

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 during…

The Government of Ghana has fully settled a US$700 million Eurobond debt obligation ahead of schedule, marking another milestone in its efforts to restore confidence in the country’s economy and manage its public debt. In a statement issued on Monday, July 6, the Ministry of Finance announced that the payment was completed on Thursday, July…

The Bank of Ghana (BoG) has published the official closing exchange rates for transactions conducted on July 1, 2026, providing the latest benchmark for how the Ghana cedi traded against major international and regional currencies. The Bank of Ghana has published the official closing exchange rates for July 1, 2026. The Ghana cedi remained stable…