Ghana begins processes to raise US$5.0 billion on international capital market
The Government has commenced processes for the 2021 International Capital Market Funding Programme.
The Government has commenced processes for the 2021 International Capital Market Funding Programme.
Inflation rate has dropped from the 10.4 percent recorded in December last year to 9.9 percent in January 2021, the Ghana Statistical Service (GSS) has announced.
Ghana’s crude oil revenue declined by 29.7 percent last year to US$666.38 million, from US$947.67 million in 2019, according to the latest semi-annual report on the petroleum holding fund (PHF).
Ghana's central bank left its policy rate steady, saying the rise in inflation to above its target was driven by food prices and while short-term risks to inflation from fiscal expansion and rising crude oil prices are emerging, it still expects inflation to return to the target in the second quarter.