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Friday 29 March 2024

2021-04-07

[N] As Majority Leader be circumspect with your utterances

2021-03-19

[I] Goldman Sachs staff revolt at ‘98-hour week’
[I] Over half of staff go back to workplace
[I] Health chiefs confirm Oxford-AstraZeneca Covid jab safe to use
[S] Kotoko Signs Second Brazalian Player
[N] It Is A Blatant Lie That I’ve Declared My Prez Ambition-Agric Minister
[S] Accra Mayor to change face of sports in Greater Accra
[S] Ambassador Lutterodt charges GOC prez to tackle Martha Bissah issue
[S] Ben Nunoo-Mensah hits ground running for GOC
[S] Black Stars to Engage Uzbekistan In International Friendly
[N] House of Chiefs calls for collaboration with MMDCEs for development
[N] Baby Harvesting: More suspects picked
[N] Police pledge commitment to bringing Sheikh Maikano’s murderers to book
[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce
[N] Desist from starting race ahead of time - Obiri Boahen to NPP presidential
[N] Gov’t announces construction of five interchanges in Ashanti
[N] Controversial textbooks: NPP urges NaCCA to enforce rules without fear or favour
[N] Staff working on Tamale interchange call off strike
[N] Newly proposed taxes a huge hindrance to businesses’ recovery
[N] Government can’t take a unilateral decision on salaries for public workers
[N] Ghana records 2 new Covid-19 variants; experts call for immediate action

2021-03-17

[S] First GFA safety and security seminar takes place today
[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[N] Ghana records 698 COVID-19 deaths
[N] NDC’s Ofosu Ampofo behaves like a toddler – Allotey Jacobs
[S] Don’t tax sports betting, ban it – Ato Forson to government
[N] Ama Benyiwaa Doe slams Allotey Jacobs; says he has no influence
[N] Approving Akufo-Addo’s ministers ‘regrettable and unfortunate’ – NDC caucus
[S] Don't rush Satellites players, warns GFA coaching boss
[N] Eastern Regional Hospital detains 246 patients for non-settlement of bills
[N] COVID-19 vaccination in Ghana: 1,000 reports received on adverse effects
[N] Ignore reports of rift between local, foreign staff at AfCFTA secretariat – Govt
[N] Remain calm, support our leadership in Parliament – NDC Council of Elders
[N] Ghana hasn’t recorded any case of blood clots from COVID-19 vaccination – FDA
[N] 9-year-old boy burnt to death as stepfather sets house ablaze
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker
[I] Half of UK managers back mandatory Covid vaccines for office work
[I] Brussels to propose Covid certificate to allow EU-wide travel

2021-03-16

[I] Nick Candy leads £1m drive to oust London mayor Sadiq Khan
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General News

[ 2015-04-23 ]

Gov’t Seeks US$400m More Debt
The Bank of Ghana will tomorrow auction
government’s 3-year bond to raise US$400million
for restructuring maturing debts and also for
liquidity management.

This will be the second three-year bond to be
issued this year, following an earlier one of
GH¢630million issued in February.

The new auction is part of government’s earlier
plans to borrow about GH¢25.42billion from the
domestic market within the first six months of
this year, which is twice what the state borrowed
from the market in the same period last year.

Already, government has since the beginning of the
year raised about GH¢16.3billion through the
issuance of various Government of Ghana
securities.

The last time government entered the domestic bond
market, to raise GH¢974million through the sale
of its 5-year bonds, it was oversubscribed to
affirm investors continued confidence in the
economy despite economic challenges and fears that
the country’s debt situation is fast nearing
unsustainable level.

Various credit rating agencies, Fitch and
Moody’s, in their latest assessment of the
economy cut Ghana’s credit ratings outlook on
fears of deteriorating currency and debt trends,
with the debt-to-GDP ratio jumping from 54.8% in
2013 to 67.2% at the end of 2014.

However, the recent approval of Ghana’s
three-year budgetary support programme with the
IMF earlier this month is expected to further
enhance investor confidence in the economy.

Source - Bus & Fin Times



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