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Ghana has been negotiating with the IPPs since last year to rework the arrears as part of its external debt revamp.

This shows a shortfall in revenue target by GH¢7.7 billion for the periods January to April.

“The World Bank Group’s support aims to help address short-term shocks to improve prospects for long-term sustainable development and long-term resilience against future shocks.

the second review of Ghana’s $3 billion extended credit facility programme is expected to be tabled before the IMF Board before the end of June.

In 2021, the Ministry of Finance initiated efforts to secure approximately $335 million in tax exemptions for these companies, part of the 1D1F initiative.

Adnan Adams Mohammed The Minority Caucus in Ghana’s Parliament has raised concerns over the government’s recent borrowing of GH¢7…

The USD 200 million injection is intended to stimulate the growth of Small and Medium Enterprises (SMEs) in critical sectors of the economy, foster job creation, innovation, and sustainable development.

Last week, the Chief Executive Officer of the Ghana Cocoa Board, Joseph Boahen Aidoo, disclosed that the Board has refunded $250 million it acquired from the African Development Bank for irrigation purposes in cocoa farms due to contamination of water bodies in farming areas.

Africa has an abundance of climate resources, but lacks the capacity to access and absorb funds to manage them.

The Bank of Ghana, (BoG), is expecting US$200million as the second tranche of the cocoa syndicated loan as well as US$360 from the IMF to help stem the speed depreciation of the cedi which is currently trading at GHC14.25 to the American green back on the retail market.