The International Monetary Fund (IMF) has projected Ghana’s Debt-to-GDP ratio to end 2024 at 82.9 percent.

News from the world of business.

The IMF projects that Ghana will end 2024 with a growth rate of 3%, according to the World Economic Outlook Report released in Washington, D.C., on Tuesday during the IMF/World Bank meetings.

News from the world of business.

Ghana’s debt is expected to decline to 70% of Gross Domestic Product (GDP) in 2024 from 77% of GDP in 2023.

It is also expected to narrow to 68% in 2025 and 2026 respectively

News from the world of business.

News from the world of business.

GOIL, TotalEnergies and Shell which used to be the big players in Ghana’s downstream petroleum sector have been losing out on market share in the last few months, data from the National Petroleum Authority, (NPA) has shown.

Government has resumed servicing its Eurobond debts after the completion of the exchange programme with bondholders last week. JOYBUSINESS understands that a total amount of US$520 million has been paid to the Eurobond holders.

News from the world of business.