Policy analyst Dr. Peter Terkper cautioned, however, that the headline figure may not translate into immediate relief for consumers. Speaking on Morning Target with Bright Nana Amfoh, Dr. Terkper explained that inflation reflects a basket of goods and services, with shifts in individual items offsetting one another
He noted that the current disconnect between easing inflation and household welfare is expected, stressing that macroeconomic stability must first be consolidated before its benefits are felt at the micro level
According to him while large-scale mining companies generated about GH¢17.7 billion in government revenue in 2024, players within the small-scale sector produced an estimated 34% of gold that year contributed far less in fiscal terms
In total, the auction recorded an oversubscription rate of 75.86 percent. Accepted bids amounted to approximately GH¢12.30 billion, well above the government’s target of GH¢6.99 billion. The outcome highlights investors’ strong appetite for short-term securities, which analysts say is driven by attractive yields and the relative safety of government-backed instruments.
Speaking to the media on the sidelines of a Strategic Policy Session on De-risking Ghana’s Gold Trade, Dr. Kwakye explained that the central bank supplies forex to meet legitimate demand, particularly for imports and government debt servicing.
Daddy Lumba Kumasi funeral
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The Akwatia Police Command has arrested a man identified as Coffie Agyemang, a resident of Kwamang, for allegedly attempting to sell his three-year-old son for money. According to sources, the…
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