The Finance Committee of Parliament’s report has stated that the Bank of Ghana’s foreign reserves is being dwindled and has moved from $9 billion to about $3 billion.

Fitch Solutions has shockingly revised Ghana’s growth rate to 2.6% in 2022, from its earlier forecast of 4.8%.

Ghana lost approximately GH₵5 billion in cash through the payment of bribes to public officials in 2021, the Ghana Integrity of Public Services Survey (GIPSS) has disclosed.

Local rice producers and millers say demand for Ghana rice has gone up, following a ban on export of the commodity in South-East Asia.

The Bank of Ghana may increase the policy rate for the third consecutive time this year, following the increase in inflation rate to 29.8% in June 2022.

The International Monetary Fund (IMF) has assured Ghana that it will move fast and do much as it can to support the country come out of the economic challenge it find itself.

It is emerging that 87% of public sector workers earn less than ¢3000 as basic monthly salary. This was revealed at a stakeholder engagement forum between the leadership of the Trades Union Congress (TUC) and the Social Security and National Insurance Trust (SSNIT).

Ghana’s current inflation rate of 29.8% (June 2022, year-on-year) is exactly the same rate recorded in 2003 when the country was under the Highly Indebted Poor Country Programme (HIPC), which started in 2002.

Economist Professor Lord Mensah is warning that government may be forced by the International Monetary Fund (IMF) to cap Central Bank pre-financing of government’s budget to not more than 5% of expected revenue in a year.

Ghana’s stock exchange ends first half of this year with negative yet-to-date return of 24.13% in dollar term for investors.