Government has inaugurated an Implementation Committee to oversee the delivery of Ghana’s Second Gas Processing Plant (GPP II), a major infrastructure project expected to ease the country’s energy challenges and save millions of dollars in fuel costs.
More Good News for Ghana as S&P Upgrades Credit Rating, Citing Strong Progress Under Finance Minister Ato Forson
In a significant endorsement of Ghana’s economic recovery efforts, global credit rating agency S&P Global Ratings has upgraded the country’s foreign-currency sovereign credit rating from Selective Default (SD) to CCC+.
Gov’t Tightening Abused Exemptions Regime — Deputy Finance Minister Tells South Sudan Delegation
Deputy Minister for Finance, Thomas Ampem Nyarko, has underscored the government’s commitment to tightening loopholes within Ghana’s tax exemptions regime, describing it as a major source of revenue loss for the country.
FABAG Assures of Falling Food and Beverage Prices, Calls for National Price Reduction Campaign
The Food and Beverage Association of Ghana (FABAG) has announced that prices of key commodities within the sector are beginning to fall, with further reductions expected in the coming weeks.
Cedi’s Appreciation Not a ‘Nine-Day Wonder’ — Finance Minister
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has assured stakeholders that the recent appreciation of the Ghanaian cedi is not a fleeting development but the result of deliberate and strategic economic management.
Government Committed to Completing University of Engineering and Agricultural Science— Deputy Finance Minister Assures
Deputy Minister for Finance, Thomas Ampem Nyarko, has given the strongest indication yet that government will prioritise the completion of the University of Engineering and Agricultural Science at Bunso in the Eastern Region.