![BoG accused of illegally writing off GH¢48.4 billion gov't debt without parliamentary approval](https://cdn.yen.com.gh/images/560x315/19c3a81890f5fc70.jpeg?v=1)
Economy
![BoG accused of illegally writing off GH¢48.4 billion gov't debt without parliamentary approval](https://cdn.yen.com.gh/images/560x315/19c3a81890f5fc70.jpeg?v=1)
![BoG fights back: Says GH¢60bn loss not due to reckless spending, blames Ofori-Atta's DDEP](https://cdn.yen.com.gh/images/560x315/c473a0860549c9ed.jpeg?v=1)
!["Ease burden on businesses": Economist criticises Ofori-Atta for maintaining certain taxes](https://cdn.yen.com.gh/images/360x203/bfe84413b7b77f41.jpeg?v=1)
![Ofori-Atta strikes again: Minister announces ongoing plan to include GH¢29.2 bn pension funds in debt exchange](https://cdn.yen.com.gh/images/360x203/0f5d2f771d215ec1.jpeg?v=1)
![E-levy: Government misses revenue targets for controversial tax by over GH¢500 million](https://cdn.yen.com.gh/images/360x203/a5b718e03d0d6395.jpeg?v=1)
![August begins with fuel price increases: Petrol and diesel to go up by 9%, LPG up by 20 per cent](https://cdn.yen.com.gh/images/360x203/fb01aa4ff2b3c814.jpeg?v=1)
![Ghana's economy bouncing back to life: 6 highlights from Ofori-Atta's 2023 mid-year budget review](https://cdn.yen.com.gh/images/190x107/f644724cb14682e7.jpeg?v=1)
Ken Ofori-Atta presented the 2023 mid-year budget review to Parliament on Monday in accordance with the Constitution and the Public Financial Management Act.
![BoG loses GH¢55.12b due to DDEP haircut, Dr Addison plans to restore equity by 2027](https://cdn.yen.com.gh/images/190x107/4d5c32bb042b1f64.jpeg?v=1)
The Bank of Ghana (BoG) has disclosed that it lost GH¢55.12 billion in 2022 due to the haircuts that came with the Domestic Debt Exchange Programme (DDEP).
![No lazy way to raise money: IMANI hopeful no new taxes will be introduced in 2023 mid-year budget review](https://cdn.yen.com.gh/images/190x107/9d052838755a96a1.jpeg?v=1)
IMANI think tank's Franklin Cudjoe has put forth reasons the government must not introduce new taxes in the 2023 mid-year budget review on Monday, July 31, 2023
!["It's not viable": Bright Simons argues against debt cancellation for African countries](https://cdn.yen.com.gh/images/190x107/2d137bfc19709745.jpeg?v=1)
Bright Simons of IMANI Centre For Policy And Education has presented strong arguments against the recent campaign for debt cancellation for African countries.
![Sentuo Oil Refinery: Watch video of Ghana's first privately oil refinery which starts operation in August](https://cdn.yen.com.gh/images/190x107/b4fac670dd0451a8.jpeg?v=1)
Ghana's first privately-owned refinery, Sentuo Oil Refinery, will start operations in August 2023 and would rival struggling state-owned Tema Oil Refinery.
![Ghana economy is healing: BoG ramps up its gold reserves by 7.7 tonnes in June 2023](https://cdn.yen.com.gh/images/190x107/4efa7cc1ca606b30.jpeg?v=1)
Governor of the Bank of Ghana (BoG) Dr Ernest Addison has disclosed that some 7.7 tonnes of gold has been added to the central bank's reserves in June 2023.
![Economic hardship: Inflation rate rises for second consecutive month](https://cdn.yen.com.gh/images/190x107/f697fd4ccfae447e.jpeg?v=1)
Inflation for the month of June in Ghana increased marginally to 42.5% compared to the 42.2% recorded in May 2023, according to the Ghana Statistical Service.
![Cedi's woes resume: Falls by 11.21% and projected to reach GH¢15 to $1 by end of 2023](https://cdn.yen.com.gh/images/190x107/a740230b9837e88b.jpeg?v=1)
The cedi has lost 11.21% to the dollar in the first half of 2023. Although the cedi performed better this year, it is projected to fall further by close of 2023
![Resistance against TOR deal thickens: TUC union discloses firm with a better offer dropped for Torentco](https://cdn.yen.com.gh/images/190x107/c3704ad3f2884120.jpeg?v=1)
The resistance against a proposal to lease Tema Oil Refinery (TOR) to Torentco Asset Management is thickening as an influential workers union joins the fray.
Economy
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