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Ghana up three places in latest Global Competitiveness Report

Ghana has gone by three places in the latest Global Competitive Report.  The rankings show that Ghana went up from 114 to 111 out of 144 countries assessed in the report.

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BoG Requests Bids For 2-Year Note Issue

Dr Kofi Wampah – BoG Boss

The Bank of Ghana (BoG), on behalf of Government, has commenced proceedings inviting bids for the issue of a 2-year fixed rate note intended for the mobilization of GH¢300 million to refinance maturing domestic debt and liquidity management.

The actual auction process is slated for September 11, 2015 and the instruments shall be issued at par, information from the Bank of Ghana (BoG) on the issue indicated.

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IMF endorses government’s stance on job-freeze

The International Monetary Fund (IMF) has encouraged government to continue its firm stance on containing the wage bill within the budget constraints amidst a worsening employment regime and renewed pressure from labour unions.

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IMF verdict shows gov’t on track to stabilize economy - Terkper

Finance Minister Seth Terkper says the verdict by the IMF board on the country’s performance under the Fund programme is a clear indication that government is on track to stabilize the economy.

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Turkish businesses seek partnership with local companies

A number of Turkish companies have expressed interest in partnering with their Ghanaian counterparts with the hope that such partnerships will serve as a stepping stone for them to gain foothold in the West Africa sub-region.

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