Ghana's Premier Business & Policy Journal
The International Monetary Fund (IMF) has warned Ghana that its new fuel subsidy should remain a short-term measure, saying prolonged support could jeopardise the country's hard-won economic recovery.
The hidden costs keeping market prices high Ghana’s inflation rate has fallen sharply, but many households say they are yet to feel relief at the market. From rising farm costs and transport expenses to climate pressures and supply chain challenges, several hidden factors are keeping food prices stubbornly high despite improving economic indicators.
The legislation overhauls the legal framework governing the cocoa industry, introduces a new funding model for COCOBOD and aims to boost local processing while strengthening regulation across the sector.
Motorists in Ghana face higher fuel costs from August 1 as petrol, diesel and LPG prices rise on the back of higher global oil prices and a weaker cedi.
Ghana's $3bn IMF bailout has ended, but the reforms demanded by the lender are only beginning. From taxes and public debt to banking and social protection, the next phase of the country's recovery could shape the daily lives of millions.
The IMF has approved the final review of Ghana's $3bn bailout programme, unlocking a last $371m disbursement as the country moves to a new phase of economic reforms.