Ghana’s economy to expand by 3.5% this year contrary to World Bank’s 2.9%- Fitch Solutions

News from the world of business.

Bank of Ghana refuse assertions ‘Gold for Oil’ program has negatively affected the level of gold exports.

The World Bank is expecting Ghana’s growth rate to achieve more than a 3.0% in 2025.

News from the world of business.

The National Petroleum Authority (NPA) has reversed the suspension of the Price Stabilization and Recovery Levy on the price build-up of petroleum products.

News from the world of business.

Bank of Ghana increases dollar support for market as it rolls out more measures to stabilize the Cedi.

Staff of the International Monetary Fund (IMF), have landed in Ghana to conduct the second review of the three-year $3 billion IMF-backed Programme for Economic Growth (PC-PEG) post-COVID-19.

The National Petroleum Authority (NPA), will from April 2024 set the “floor” for pricing of petroleum products in Ghana, which will prevent any industry player including the Oil Marketing Companies (OMCs) and Liquefied Petroleum Gas Marketing (LPGMC) Firms from pricing below that value or benchmark.