Governor of the Bank of Ghana (BoG) Dr Ernest Addison has stated that Fiscal policy implementation so far has been broadly consistent with targets under the International Monetary Fund External Credit Facility (IMF ECF) supported programme. Although the primary fiscal balance (Total Revenue less Total Non-Interest Expenditure) target for 2023 was attained, he said, the […] The post Fiscal
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the Cedi was relatively stable in the first quarter of 2024 against the major trading currencies, especially the Dollar. He says they expect the stability to continue. Answering questions at the 117th Moneyray Policy Committee (MPC) press conference in Accra on Monday […] The post Cedis is relatively stable
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that Nigeria is currently saddled with a crisis related to the challenges posed by its currency, the Naira. He said this is similar to what Ghana went through in 2022 when inflation kept rising, coupled with the rapid depreciation of the Cedi. Reuters […] The post Naira woes: Nigeria going through
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will be holding the 117th press conference today Monday, March 25. The MPC is expected to announce major policy decisions including whether or not the policy should reduce. The MPC is also expected to talk about the performance of the Cedi against the dollar […] The post Bank of Ghana to announce key decisions
Ghanaian Blogger, Bongo Ideas has revealed the ordeal he experienced when he was arrested by some men who masqueraded as police officers. The post ‘They pointed a gun to my head and asked me to say my last prayers’ – Bongo Ideas speaks on his arrest first appeared on 3News.
Ghana’s foreign exchange market came under some seasonal pressures in February and early March 2024, but the Ghana cedi continues to recover its value, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. He explained that the pressures emanated mainly from the strengthening of the US dollar in international markets, and payments […] The post Ghana’s
Gross international reserves (GIR)increased in 2023, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. The stock of the GIR at the end of December 2023 rose to US$5.91 billion, equivalent to 2.7 months of imports cover for goods and services, he said. Excluding pledged assets and the Ghana Petroleum funds, the […] The post Ghana’s gross international reserves
The Ghana Catholic Bishops’ Conference has called on President Nana Addo Dankwa Akufo-Addo and the Speaker of Parliament Alban Bagbin to collaborate in ensuring the implementation of the people’s will, amidst a current impasse over the anti-LGBTQ+ bill. There is currently a stalemate between the Executive and Legislative arms of government over the anti-LGBTQ+ bill. […] The post Anti-gay
Speaker of Parliament Alban Sumana Kingsford Bagbin has embarked on a trip to Geneva, Switzerland, to attend the 148th Inter-Parliamentary Union (IPU) Assembly scheduled to be held from Saturday l, March 23 to Wednesday, March 27. Departing Accra on Thursday, March 21, Speaker Bagbin begins his first-class sojourn, with plans to return exactly a week […] The post Speaker Bagbin travels to Geneva
Attorney-General and Minister of Justice, Godfred Yeboah Dame, has accused the Speaker of Parliament, Alban Bagbin of dabbling in politics. Mr. Yeboah Dame said Bagbin was misled when he announced the suspension of the approval of Ministers nominated by President Akufo-Addo. Speaking on Accra-based TV3, Godfred Yeboah Dame said the matter must be resolved immediately. […] The post Approval
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, concluded her visit to Ghana on Monday, 18th March, 2024, following two days of productive engagements. Dr. Ernest Addison, Governor of the Bank of Ghana, bid farewell to the IMF MD, alongside the First and Second Deputy Governors of the bank and the IMF […] The post IMF MD departs
Alban S.K. Bagbin The Majority Caucus has chastised the Speaker of Parliament, Alban S.K. Bagbin, for impeding the business of government by adjourning the House indefinitely without consulting the Read More... The post Bagbin’s One- Man Torpedo To Cripple Govt appeared
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
Alban Bagbin Speaker of Parliament, Alban Sumana Kingsford Bagbin, has indicated that Parliament will be unable to consider the President’s nominees in the “spirit of upholding the rule of Read More... The post Bagbin’s Showdown: Parliament
The Majority caucus in Parliament has clarified that the letter from the Presidency directing the clerk not to transmit the Bill on Human Sexual Rights and Family Values to the presidency did not undermine the authority of Parliament. In a statement, Majority Leader Alexander Afenyo-Markin asserted that the President was well within his right to […] The post Anti-gay
Alban S.K. Bagbin In a recent development, the Majority Caucus in Parliament has vehemently criticized Speaker Alban S.K. Bagbin for abruptly halting the approval process for Ministers and Deputy Read More... The post Majority
Speaker of Parliament Alban Bagbin is rather the one undermining the democracy of Ghana in relation to how the anti-gay bill is being handled and not President Nana Addo Dankwa Akufo-Addo, the Majority Leader Alexander Afenyo-Markin has said. Mr Afenyo-Markin indicated that the decision by Mr Bagbin to halt consideration of the ministerial nominees of […] The post Anti-gay
The decision by the Speaker of Parliament to halt consideration of the ministerial nominees of President Nana Addo Dankwa Akufo-Addo until after the Supreme Court case against the anti-gay bill is done, amounts to frustrating the work of government, the Majority Leader Alexander Afenyo-Markin has said. Afenyo-Markin says the speaker is undermining the democracy of […] The post Bagbin
Tolon Member of Parliament, Habib Iddrisu has said that the decision of the Speaker of Parliament Alban Bagbin to halt the consideration of the ministerial nominees of President Akufo-Addo until after the supreme court case on the anti-gay bill is done is just an attempt to frustrate the government. He explained that President Akufo-Addo did […] The post The
The Minister of Justice and Attorney-General Godfred Dame has told the Speaker of Parliament, Alban Bagbin that this is not the time to engage in tit for tat. In his view, this is the time to look at things within the legal framework. “This is a time we have to look at things legally, through […] The post ‘Stop the unnecessary tit for tat; let’s look at things
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