Government is targeting the end of March this year to sign off debt restructuring agreement reached with Independent Power Producers (IPPs). Government has also stated that the debt owed the power producers has been reduced to about $700 million.

News from the world of business.

The Ghana cedi has lost about 4.44% in value to the US dollar since the beginning of the year. Last week, the local currency weakened 1.37% to the American greenback week-on-week, as a result of immense corporate demand and cedi-funded foreign exchange pressure.

Interest rates eased for the 8th week running on the treasury market but marginally. Indeed, the yields on the treasury bills continued to ease in line with most analysts' forecasts.

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News from the world of business.

News from the world of business.

News from the world of business.

Interest rates fell for the seventh consecutive week despite a marginal increase in the January 2024 inflation. According to the auction results by the Bank of Ghana, the government exceeded its target once again.

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