The Ghanaian Ministry of Finance has underscored the government’s unwavering dedication to meeting its forthcoming financial obligations within the Domestic Debt Exchange Programme (DDEP). This declaration follows the successful settlement of the initial coupon payment under the DDEP, which amounted to approximately GH¢2.4 billion (Ghanaian Cedis). Implemented in 2022 as a strategic initiative to alleviate […]
Ghana is now a member of the Executive Council of the United Nations World Tourism Organisation (UNWTO), an agency responsible for the promotion of responsible, sustainable and universally accessible tourism. The organisation also promotes tourism as driver of economic growth, inclusive development and sustainable environment. It also offers leadership and support to the sector to […]
President Nana Addo Dankwa Akufo-Addo has said that Ghana will deepen collaboration with Qatar for the mutual benefit of the two countries. The President said bilateral cooperation would centre on two-pronged sectors — economic and politics. He recalled the warm reception he always received as President of Ghana on his visit to the Kingdom and […]
Parliament has passed the Criminal Offences (Amendment) Bill 2022 into law, abolishing the death penalty from the statute books. When assented to by President Nana Addo Dankwa Akufo-Addo, the new law will amend the Criminal Offences Act,1960 (Act 29) to change the punishment of death penalty to life imprisonment and to provide for related matteIt […]
The United Nations (UN) has ranked Ghana seventh out of the 122 contributing countries in peacekeeping as of March this year. The total number of peacekeepers deployed globally by the UN as of March this year was 76,712, comprising 70,257 males and 6,455 females. Out of the total number of 6,455 women deployed, Ghana had […]
The Japanese Prime Minister Fumio Kishida arrived in Accra on Monday afternoon for a day’s visit to Ghana. He will hold bilateral talks with President Akufo-Addo on Monday evening. In a pre-departure statement, the Japanese PM said it was a great pleasure to be able to visit Ghana, which plays a pivotal role in West […]
The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, is set to visit Ghana today (Tuesday, April 25), as part of her efforts to reinforce support for Sub-Saharan Africa. During her two-day visit, she will meet with policymakers, business leaders, and civil society representatives to discuss making globalisation work for Africa. The visit […]
The Paris Club, a group of bilateral creditors that helps with workable solutions to payment problems faced by debtor nations, will form an Official Creditor Committee this week to look into Ghana’s request for financial assurances. The assurances, which come with debt restructuring and further strategic lending, will enable the country to present its programme […]
The International Monetary Fund (IMF) has doubled down on its plea to wealthier nations to support Ghana and other weaker economies to help such countries extricate themselves from the shackles of debt. The call also comes at a time when the fund has seen a $1. 6 billion shortfall in its funding in the face […]
All member countries of the G20 group of economic powers are on board for a restructuring of Ghana’s debt and Paris Club members are ready to take the first step towards forming a creditor committee, an official from the Paris Club told Reuters on Thursday. Ghana last week requested a restructuring of debt it owes […]
Ghana has denied issuing a travel advisory against non-essential travel to Abuja, the capital of Nigeria. The advisory circulating Wednesday (November 16, 2022) and bearing the name and logo of the Ministry of Foreign Affairs and Regional Integration had indicated that Nigeria had directed some hotels to shut down, citing “the directive by local authorities […]
President Nana Addo Dankwa Akufo-Addo has said the talks with the International Monetary Fund (IMF) and the 2023 Budget will seek to address the concerns of Ghanaians and inject their aspirations into the management of the economy. He said it was for that reason he had, in the last three weeks, been meeting various stakeholders […]
