1,635S In June 2022, when Ghana approached the IMF for a $3 billion bailout package, it was because the country’s gross international reserves had begun to deplete so rapidly that it placed enormous pressure on the cedi, making it extremely difficult to meet its import bills. According to the 2023 International Monetary Fund Regional Economic […]
1,729 President Joe Biden has confirmed that he will be attending the funeral for Queen Elizabeth II after she died at the age of 96. When asked by reporters in Ohio on Friday whether he planned to attend the funeral, Biden replied: “Yes. I don’t know what the details are yet but I will be going.” The monarch, […]
1,315 Joe Jackson, the acting CEO of Dalex Finance, has disputed the cedi depreciation figures presented by Minister of Finance Dr. Mohammed Amin Adam. At his monthly briefing on the economy, the minister said the exchange rate has been largely stabilised with the depreciation of the cedi against the US Dollar halving from 54.2% at […]
