Kwabena Duffuor News
-
Ghana, which sold the first Eurobonds in sub-Saharan Africa outside of South Africa in 2007, may issue a further $750 million of the debt to refinance the earlier notes, which mature in October 2017.
-
Ghana, which sold sub-Saharan Africa’s first Eurobonds outside of South Africa in 2007, may issue a further $750 million of the debt to refinance the earlier notes, which mature in October 2017.
-
Ghana’s economy may expand 9 percent this year, beating a forecast from the government’s statistics agency, as oil production increases and the cedi strengthens, Finance Minister Kwabena Duffuor said.
-
Ghana’s three-month borrowing costs, which fell to five-month lows last week, are poised to decline for a fourth auction today after the central bank sold the most domestic bonds on record, reducing its funding needs.
-
Ghana , the West African nation that will start production of oil for export next month, plans to narrow its fiscal deficit in the next three years as revenue from the energy industry builds up, Finance Minister Kwabena Duffuor said.
-
Ghana ’s budget deficit is forecast to reach 8 percent of gross domestic product this year, more than earlier estimated as spending in the fourth quarter of the year accelerates, Finance Minister Kwabena Duffuor said.
-
Ghana, West Africa’s second-largest economy, faces a widening budget deficit as the government ramps up spending in an election year at a faster pace than increases in oil, gold and cocoa revenue.
-
Oil revenues earned by Ghana, West Africa’s second-biggest economy, increased 29 percent as crude production at the offshore Jubilee field climbed to an average of 85,000 barrel a day.
-
Ghana’s government said it will use revenue from oil production to slash the budget gap by more than two-thirds by 2013, after missing the deficit target in its first two years in office.
-
Ghana’s economy is set to move from “stability to accelerated growth,” Finance Minister Kwabena Duffuor said in an address to parliament to outline the 2011 budget. The West African nation’s economy has shown “resilience” and “stability” in the face of the global economic crisis, he said.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page