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The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has urged commercial banks to further reduce their lending rates to support businesses and stimulate economic growth.
Total Loans granted by Commercial Banks for the first half of this year hit almost 90 billion cedis, representing a marginal growth over last year's numbers.
Beverage manufacturers are raising concerns over a sharp decline in sector tax revenues, attributing it to the rise in smuggled imports undermining legal sales.
Government has announced an additional 400 cedis on every 64kg bag of cocoa for farmers for the 2025/2026 crop season.
Ghana's inflation rate has dropped to a single digit for the first time in four years, falling to 9.4% in September 2025 from 11.5% in August, according to the Ghana Statistical Service (GSS).
Ghana has pledged to achieve universal electricity access by 2030, joining 16 other African nations in endorsing National Energy Compacts under the World Bank and African Development Bank-led Mission 300 initiative.
Ghana's Finance Minister, Dr. Cassiel Ato Forson, has assured the nation that all future government borrowing will be strategically focused on high-impact, transformative projects aimed at enhancing debt sustainability and stimulating long-term economic growth.
The Bank of Ghana Governor, Dr Johnson Asiama, has said the cedi remains one of the best-performing currencies in the world, despite the usual seasonal trade pressures and a recent dip in remittance inflows.
ICEG has firmly rejected the ECG proposal to raise its Distribution Service Charge (DSC) by 225 percent for the 2025–2029 regulatory period, calling the request unjustified and detrimental to the public interest.
Ghana is ineligible to receive foreign assistance for the Financial Year 2026 from the United States under the Millennium Challenge Compact.
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