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Economy

Cedi stability due to gold reserves, not spending cuts- Ato Forson

Finance Minister Dr. Cassiel Ato Forson has pushed back against claims that Ghana's cedi has stabilised due to reduced government…

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Cedi should stabilise between GH¢10 and GH¢12- Mahama

President John Mahama has projected that the ideal exchange rate for the Ghana cedi should fall between GH¢10 and GH¢12…

Fitch cuts 2025 cedi forecast to GHS13/USD after 30% rally

Fitch Solutions has revised its end-of-year projection for the Ghanaian cedi to GHS13.0 per US dollar, down from an earlier…

Ghana’s household spending to hit GH¢129.7bn in 2025 – Fitch

Ghana’s household spending is projected to rise by 2.5% year-on-year in 2025, hitting GH¢129.7 billion, according to Fitch Solutions. This…

Cedi set to strengthen as Ghana awaits $370m IMF boost

The Ghana cedi is likely to maintain its stability in the coming weeks, as the country anticipates a $370 million…

GoldBod can stabilise the cedi, says banks CEO

John Awuah, CEO of the Ghana Association of Banks, believes the Ghana GoldBod could stabilise the cedi if implemented effectively.…

Ghana’s debt-to-GDP to drop below 60% by end of 2025 – AfDB

Ghana’s debt-to-GDP ratio is projected to dip below 60% by the end of 2025, according to the African Development Bank’s…

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