Tag: Ghana economy
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Bawumia Deserves Commendation as the Brain Behind Ghana’s Gold for Reserves Programme, Says Senyo Hosi
Introduction: A strategic move in a tough era In a recent reflection on Ghana’s economic resilience, Senyo Hosi attributes a pivotal role to former Vice President Dr. Mahamudu Bawumia for conceiving and championing the Gold for Reserves programme at the Bank of Ghana. Hosi argues that the initiative was not just a policy novelty but…
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Ghana Gold Board Chief Rejects Claims of Losses as Hallucination, Calls Rumors Unrealistic
GoldBod Chief Rejects Rumor-Driven Loss Claims The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has dismissed circulating claims that the state-owned institution is recording losses. He described the allegations as the “hallucination” or “dreams” of those spreading them, signaling a firm stance against rumor-driven criticism. The remarks came during a public…
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How Much BoG Gold Coins Cost Now: What Investors Need to Know
Overview: BoG Gold Coins on the Rise The Bank of Ghana (BoG) has seen the price of its gold coins trend upward in recent weeks. A combination of currency depreciation, global gold pricing, and local demand dynamics is driving the investment price higher. For investors and collectors alike, understanding the forces behind the move is…
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How Ghana’s 2026 Budget Could Transform the Economy, Says Speaker Bagbin
Ghana Set to Use the 2026 Budget as an Economic Transformation Tool Speaker of Parliament Alban Bagbin has emphatically linked the 2026 budget to a broader strategy for transforming Ghana’s economy. Speaking at a Post-Budget Workshop in Accra, he underscored that fiscal policy should do more than balance books; it must actively foster growth, create…
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What the 2026 Budget Means for Ghana’s Future: Speaker Bagbin Sets the Path
Introduction: Setting the Stage for a Transformative Budget The 2026 budget in Ghana is being framed as a pivotal instrument for economic transformation, with Speaker of Parliament Alban Bagbin emphasizing that fiscal policy must actively reduce the country’s reliance on external support. At a Post-Budget Workshop in Accra, Bagbin underscored that modern challenges demand an…
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COVID-19 Levy to Go: What to Expect from the 2026 Budget and Economic Statement
Introduction: A Budget Anticipation in Parliament The 2026 Budget and Economic Statement, presented by the Minister of Finance, Dr. Cassiel Ato Forson, is set to shape the coming year’s economic landscape. With widespread calls from residents, business groups, and civil society for tax relief and streamlined public finances, the big talking point is the proposed…
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COVID-19 Levy to go: What Ghana’s 2026 Budget Means for Households and Businesses
Executive snapshot: COVID-19 levy to go in the 2026 Budget The 2026 Budget and Economic Statement, to be presented by the Minister of Finance, Dr Cassiel Ato Forson, is expected to include the elimination of the COVID-19 levy. With economic pressures easing for some sectors and a push to simplify the tax code, the government…