June 2017
GSS Releases Inflation Rate For May 2014

Up from 14.7% in April 2014, the year-on-year inflation rate, as measured by the Consumer Price Index (CPI), stood at 14.8% in May 2014, while the monthly change rate for May 2014 was 0.9% against the 1.7% recorded in April 2014.

Re: Minority Accuses Mahama of Illegally withdrawing US$177m from Petroleum Fund

The Ministry of Finance has noted with concern allegations by the New Patriotic Party (NPP) at a press conference today that government had illegally withdrawn US$177m from the Petroleum fund, basically repeating what ACEP accused government of last week which we responded to adequately.For the benefit of all stakeholders and Ghanaians at large, the Ministry wish to reiterate that government has not used the US$176.49 million, which represents the excess over the cap on the GSF as at end-March 2014, to close its financing gap. (June 09, 2014)


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