Professor of Finance at the University of Ghana, Godfred Bokpin, has stated that Ghana’s delayed decision to seek support from the International Monetary Fund significantly worsened the country’s economic crisis and resulted in what he describes as one of the most expensive IMF programmes in Ghana’s history.
Fuel prices across Ghana are expected to increase significantly beginning May 16, 2026, according to the latest pricing outlook released by the Chamber of Oil Marketing Companies and obtained
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The National Petroleum Authority (NPA), in partnership with the Western Naval Command, has intensified its nationwide campaign against illegal fuel smuggling and unauthorized petroleum trading activities along Ghana’s coastline.
The International Monetary Fund has praised Ghana’s economic recovery programme, stating that it has achieved “substantial stabilisation gains” marked by falling inflation, stronger fiscal performance, improved foreign reserves, and renewed confidence in the Ghanaian cedi.
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The Government of Ghana has announced the successful conclusion of its Extended Credit Facility (ECF) programme with the International Monetary Fund, describing the development as a major milestone in the country’s economic recovery and the restoration of macroeconomic stability and debt sustainability ahead of schedule.
The International Monetary Fund has urged Ghana to accelerate private sector participation in the operations of the Electricity Company of Ghana (ECG), warning that long-standing inefficiencies in the energy sector continue to pose risks to public finances and overall economic stability.
The Chief Executive Officer of the Ghana Chamber of Mines, Ing. Ken Ashigbey, has strongly opposed proposals by the Institute of Economic Affairs (IEA) suggesting the nationalisation of mining assets in Ghana, arguing that the country should instead prioritise stronger regulation, transparency and investor confidence within the mining sector.
The Importers and Exporters Association of Ghana has welcomed the government’s decision to postpone the implementation of the revised Container Administrative Charge, describing the move as a positive intervention aimed at restoring calm and stability within the country’s shipping and logistics sector.
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Ghana recorded a significant expansion in economic activity in February 2026, with the economy growing by 7.7 percent year-on-year, according to the latest Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service.
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Management of Ghana Hostels Limited (GHL) is demanding an immediate and unconditional apology from the Acting Rent Commissioner, Fredrick Opoku, following comments he allegedly made concerning accommodation charges at the Pentagon Hostel.
Ghana is exploring multiple post-International Monetary Fund programme options as government officials prepare for the country’s next phase of economic management beyond the current IMF-supported bailout arrangement.
The Acting Rent Commissioner, Frederick Opoku, has cautioned landlords and property owners against arbitrarily fixing rent prices without proper assessment, stressing that Ghana’s rent laws require all rental properties to undergo official evaluation processes.
The Bank of Ghana has released its latest foreign exchange rates, showing slight movements in the performance of the Ghana cedi against major international currencies on Friday, May 8, 2026.
