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Pound hits record low after tax cut plans

The pound has fallen to a record low against the dollar as markets react to the UK's biggest tax cuts in 50 years. In early Asia trade, sterling fell close to $1.03 before regaining some ground to stand at about $1.06 on Monday morning,!-->!-->!-->…

IMF to begin another discussion with govt today

A team from the International Monetary Fund (IMF) will be in Ghana from today, Monday, September 26 to October 7. The team will be in the country to continue discussions with the government on policies and reforms that could be!-->!-->!-->…

Fitch downgrades Ghana from ‘CCC’ to ‘CC’

Fitch has downgraded Ghana's Long-Term Local- and Foreign-Currency Issuer Default Ratings (IDRs) to 'CC.' Ghana moved from 'CCC' to 'junk' in the most recent ratings. It has downgraded Ghana's credit worthiness for the second time in!-->!-->!-->!-->!-->…

IMF to return to Ghana for the second round of assessment

The International Monetary Fund will deploy another mission to Ghana in the coming weeks for another round of assessment following Ghana's request for an economic bailout. Gerry Rice, the International Monetary Fund's Director of!-->!-->!-->…

Gov’t working to maintain a stable cedi & control…

Vice President Dr. Mahamudu Bawumia has assured Ghanaians that the government and the Bank of Ghana are working together to stabilize the cedi and control inflation. The Vice President announced that the Central Bank has begun to!-->!-->!-->…

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