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1,666 The first tranche of the $3 billion International Monetary Fund Extended Credit Facility (ECF) has been credited to the Bank of Ghana’s account. Joy Business has learnt that the $600 million inflow arrived late afternoon of Friday, May 19, 2023. Joy Business had earlier reported that the IMF Board will approve the “cash disbursement” […]
2,018 The Member of Parliament for Manhyia South Constituency in the Ashanti Region,Dr. Matthew Opoku Prempeh has equipped 16 trainees who have completed a 3-month vocational skills training at Inner Culinary Arts Institute with start up tools to start their own business. Beneficiaries are youth and residents of the constituency. Their training focused specifically on […]
2,005 The Chairman of the Public Accounts Committee in Parliament, James Klutse Avedzi, has expressed the committee’s intention to petition the Local Government and the Administrator of the District Assemblies Common Fund, urging the release of funds designated for development in the Akyemansa district. “We are going to make a recommendation to the Ministry of […]
2,066 The Minister of Lands and Natural Resources, Samuel Abu Jinapor, has stated small-scale mining has been contributing increasingly to the nation’s gold output as the sector produced a total of 712,405 ounces of gold last year. He said it brought to the nation almost US$1,200,000,000 in export receipts, adding that all diamonds produced in […]
1,888 It appears popular Ghanaian socialite cum musician, Mona Faiz Montrage, popularly known as Hajia4Reall may not go down alone if she’s found guilty of fraud in a $2 million romance scam case currently ongoing in the United States. Hajia4Reall, who was arrested in the United Kingdom and extradited to the US on May 12, […]
1,814 The Ashanti Regional Health Directorate is focusing on extending screening services on hypertension to Persons Living with Disabilities (PWDs) as Ghana joins the rest of the world to mark World Hypertension Day. The day, which was celebrated in the Kwadaso Municipality on the theme, ‘Measure Your Blood Accuracy, Control It, Live Longer’, was used […]
1,648 Governor of the Bank of Ghana (BoG) Ernest Kwamina Yedu Addison has revealed that the first tranche of $600 million from the International Monetary Fund’s $3 Billion credit facility, will hit the bank’s account on Friday, May 19, 2023. Speaking at the IMF and the Finance Ministry’s joint press conference on Thursday, he said […]
1,824 Some 82 police officers have filed a suit against the Attorney General (1st defendant), the Ghana Police Service (2nd defendant), and the Inspector General of Police (3rd defendant). The plaintiffs contend that the Ghana Police Service failed to promote them after they finished their studies under the organization’s study leave with pay policy. In […]
1,684 A Memorandum of Understanding will be signed between Bank of Ghana and the Ministry of Finance to guide repayment of the $3 billion loan to the International Monetary Fund. The loan terms include a 0% interest rate with a grace period of 5.5 years and a final maturity of 10 years. The 3-year arrangement […]