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Ghana: Ghana to Use Gold to Buy Oil Instead of U.S. Dollars to Address Debt Distress
VOA, 25 November 2022
Ghana's finance minister says the country is at high risk of debt distress as the currency, the cedi, has depreciated against the U.S. dollar, increasing its foreign debt by $6… Read more »
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Ghana: Ghana Reduces E-Levy Rate to 1% in 2023 Budget
The Exchange, 26 November 2022
Ghana is set to reduce the rate of the controversial Electronic Transfer Levy to one per cent from 1.5 per cent Read more »
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Ghana: Revenue Mobilisation, Closing Tax Loopholes Must Feature in 2023 Budget - Experts
Ghanaian Times, 24 November 2022
The Minister of Finance, Ken Ofori-Atta, is expected to present the 2023 Budget Statement and Economic Policy of the government to Parliament today. Read more »
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Ghana: Ghana's Economic Crisis - Expert Insights Into How Things Got So Bad - and What the Fixes Are
The Conversation Africa, 25 October 2022
Ghana is grappling with runaway inflation as prices of basic commodities have spiralled. Government finances are also at their weakest in years. Ghana's local currency, the cedi,… Read more »
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Ghana: Another Bailout Won't Solve Ghana's Economic Crisis
ISS, 20 October 2022
As debt soars, Ghana must take ownership of its financial troubles, starting with slashing public expenditure. Read more »
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Ghana: Debt Restructuring Must Go Hand-in-Hand With Managing Finances Better
The Conversation Africa, 10 October 2022
Ghana is struggling with managing its debt, 20-year high inflation, a weak currency, and rising inequality. For example, inflation rose to 33.9% in August 2022 from 9.7% a year… Read more »