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BUSINESS

Akufo-Addo government chases 14 billion dollar loan

It is emerging that Ghanaians, will witness more borrowing under the Akufo-Addo government, contrary to its campaign accusation against the John Mahama government and avowed promise not to borrow to fund its projects. The Member of Parliament (MP) for Bolgatanga Central, Isaac Adongo, has criticized the governing New Patriotic Party (NPP) for chasing a loan total of 14 billion dollars ...

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GHANA HOST AFRICAN ROUNDTABLE ON INSOLVENCY REFORMS

INSOL International and World Bank Group in Association with GARIA ( Ghana Restructuring and Insolvency Advisors) is organizing the African Round Table (ART) forum on Insolvency. This year’s event is hosted in Ghana and themed: “The Freedom to Fail? Insolvency for Micro, Small and Medium Enterprise”. The program is open to the general public on the 7th October 2016 at ...

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How To Buy Your First Car

By Miriam Caldwell Updated July 12, 2016 When you shop for a car you look at several different dealers, makes, and models. It is just as important to shop for a car loan. You can often find a better interest rate through your local bank or credit union than you would find with dealer financing. Additionally, if you are not ...

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Drop the Monetary Policy Rate to Stimulate Economic Growth

Drop the Monetary Policy Rate to Stimulate Economic Growth The  importance  of monetary  policy  is  revered  in  modern  macroeconomics  and  its prominence in the Ghanaian economy is unchallenged. The Monetary Policy Rate (MPR) is the monetary policy tool of the Bank of Ghana (BoG), and it is the rate at which commercial banks can borrow from the central bank.  The ...

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