Economic Growth

Optimizing Economic Growth: Ghanaian Banks Pave the Way

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Ghanaian Banks

In a resounding display of commitment, banks in Ghana are joining hands with the government, relevant ministries, the Bank of Ghana, and other regulatory bodies to spearhead a swift economic turnaround. President of the Ghana Association of Banks (GAB), Mansa Nettey, asserts that this unified effort is crucial in maintaining a robust banking industry that … Read more

Ghana’s Debt Landscape: Insights from IMF’s July 2023 Report

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Ghana, IMF, Debt, African Economy, Economic Stability Special Drawing Rights, Financial Obligations, Debt Dynamics, Financial Responsibility, Economic Growth

In the realm of financial obligations to the International Monetary Fund (IMF), Ghana has maintained its leading position in Africa. The data gleaned from the IMF’s Quarterly Finances for July-ending 2023 reveals an upward trajectory, with Ghana’s debt to the IMF surging by an impressive 35.55%. The Upward Surge: Ghana’s Debt Dynamics Delving deeper, this … Read more