Private sector credit hits GH¢119.6bn
Credit to the private sector expanded 41.2 percent year-on-year in June 2026 to GH¢119.6billion, one of the fastest paces on record, according to data published by the Bank of Ghana (BoG). The figure, contained in the Summary of Economic and Financial Data, represents a marked acceleration from the 19.2 percent recorded in December 2025 and […]
Mahama signs new Ghana Investment Promotion Authority Act into law
President John Mahama has signed into law the new Ghana Investment Promotion Authority (GIPA) Act, repealing the former Ghana Investment Promotion Centre Act. This legislation is set to reposition Ghana as a top investment destination in Africa and beyond with streamlined processes that cut red tape and make it easier for investors to establish and […]
Gov’t to halve fiscal anchor to 0.5% of GDP from 2027
… with increased CAPEX targetted The change was agreed with the International Monetary Fund (IMF) as part of the 36-month Policy Coordination Instrument (PCI) that will replace the Extended Credit Facility (ECF) programme and be submitted to the House as a bill accompanying the 2027 budget. “Government will under the PCI reduce the primary surplus […]