Nathan

BoG: Banking Sector Recovers After DDEP (Capital Up, NPLs Down, Gold Reserves Boosted)

Dr. Johnson Pandit Asiama, the Governor of the Bank of Ghana, said that the Domestic Debt Exchange Programme (DDEP) initially put a strain on banks’ balance sheets, lowering their capital buffers and limiting their ability to lend. However, ongoing recapitalization and regulatory oversight have made the sector stronger. Capital adequacy has gone up to 17.5%,…

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Gov’t Bans Land Transit of 9 Key Goods(Aims to Stop Revenue Loss, Strengthen Customs Control)

To make border controls stricter, stop the flow of money, and protect government revenue, the Ghanaian government has banned the land transit of nine goods: cooking oil, rice, sugar, frozen goods, textiles, flour, canned tomatoes, pasta/spaghetti, and pharmaceuticals. Dr. Cassiel Ato Forson, the Minister of Finance, announced the directive during a meeting with Aaron Akanor,…

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Health Minister: Gov’t Pays GH¢4.2bn to NHIS, Medical Fund (Agenda 111 Anyaa Hospital in 2025 Plan)

Kwabena Mintah Akandoh, the Minister of Health, told Parliament that the government paid GH¢2.69 billion to National Health Insurance Scheme (NHIS) service providers and GH¢1.5 billion to the Ghana Medical Trust Fund in 2025. He said that the government is committed to bringing back payment discipline and better managing claims to avoid late payments and…

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