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<title>Xgent News &#45; : Economy</title>
<link>https://news.xgentgroup.com/rss/category/Economy</link>
<description>Xgent News &#45; : Economy</description>
<dc:language>en</dc:language>
<dc:rights>Copyright © All Rights Reserved.</dc:rights>

<item>
<title>Ibrahim Mahama’s Engineers &amp;amp; Planners Secures $205 Million Financing Boost</title>
<link>https://news.xgentgroup.com/ibrahim-mahamas-engineers-planners-secures-205-million-financing-boost</link>
<guid>https://news.xgentgroup.com/ibrahim-mahamas-engineers-planners-secures-205-million-financing-boost</guid>
<description><![CDATA[ Engineers &amp; Planners, led by Ibrahim Mahama, has secured a $205 million financing package arranged by Stanbic Bank Ghana and Standard Bank of South Africa. The funding will support the company’s expansion and operations in Ghana’s mining sector. ]]></description>
<enclosure url="https://news.xgentgroup.com/uploads/images/202603/image_870x580_69a7f849cf135.jpg" length="85931" type="image/jpeg"/>
<pubDate>Wed, 04 Mar 2026 09:18:08 +0000</pubDate>
<dc:creator>Mary Adofo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>GRA Rejects Spare Parts Traders’ Price Hike Claims, Says New VAT System Will Reduce Costs</title>
<link>https://news.xgentgroup.com/gra-rejects-spare-parts-traders-price-hike-claims-says-new-vat-system-will-reduce-costs</link>
<guid>https://news.xgentgroup.com/gra-rejects-spare-parts-traders-price-hike-claims-says-new-vat-system-will-reduce-costs</guid>
<description><![CDATA[ The Ghana Revenue Authority has dismissed concerns by spare parts traders that the new VAT regime under Act 1151 will cause price hikes. In a February 10 press release, the GRA said the fears stem from a misunderstanding of input VAT and insisted the new system will reduce costs for businesses and consumers. ]]></description>
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<pubDate>Wed, 11 Feb 2026 11:31:31 +0000</pubDate>
<dc:creator>Mary Adofo</dc:creator>
<media:keywords>Ghana Revenue Authority GRA Ghana VAT Act 1151 New VAT System Abossey Okai Traders Spare Parts Dealers Input VAT Tax Reform Ghana Ghana Business News Price Increase Debate Tax Policy Ghana</media:keywords>
</item>

<item>
<title>Cocoa Farmers’ Arrears: Cocobod Attributes Delays to Legacy Contract Buyers’ Retreat</title>
<link>https://news.xgentgroup.com/cocoa-farmers-arrears-cocobod-attributes-delays-to-legacy-contract-buyers-retreat</link>
<guid>https://news.xgentgroup.com/cocoa-farmers-arrears-cocobod-attributes-delays-to-legacy-contract-buyers-retreat</guid>
<description><![CDATA[  ]]></description>
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<pubDate>Mon, 09 Feb 2026 11:07:15 +0000</pubDate>
<dc:creator>Mary Adofo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Bank of Ghana Cuts Policy Rate to 15.5%</title>
<link>https://news.xgentgroup.com/bank-of-ghana-cuts-policy-rate-to-155</link>
<guid>https://news.xgentgroup.com/bank-of-ghana-cuts-policy-rate-to-155</guid>
<description><![CDATA[ The Bank of Ghana’s Monetary Policy Committee has cut the policy rate by 250 basis points to 15.5%. ]]></description>
<enclosure url="https://news.xgentgroup.com/uploads/images/202601/image_870x580_697a29b17b057.jpg" length="61500" type="image/jpeg"/>
<pubDate>Wed, 28 Jan 2026 15:25:55 +0000</pubDate>
<dc:creator>Hilda Appiah</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Ghana Cuts Public Debt by GH¢100bn as Debt&#45;to&#45;GDP Ratio Falls Sharply to 44.5%</title>
<link>https://news.xgentgroup.com/ghana-cuts-public-debt-by-gh100bn-as-debt-to-gdp-ratio-falls-sharply-to-445</link>
<guid>https://news.xgentgroup.com/ghana-cuts-public-debt-by-gh100bn-as-debt-to-gdp-ratio-falls-sharply-to-445</guid>
<description><![CDATA[ Ghana has reduced its public debt by nearly GH¢100 billion, with the debt-to-GDP ratio falling sharply to 44.5% by November 2025. Strong fiscal discipline, improved revenue mobilisation, lower inflation, and easing interest rates have contributed to the turnaround. ]]></description>
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<pubDate>Wed, 28 Jan 2026 12:12:01 +0000</pubDate>
<dc:creator>Mary Adofo</dc:creator>
<media:keywords>Ghana public debt, debt-to-GDP ratio Ghana, Bank of Ghana data, fiscal consolidation Ghana, inflation Ghana 2025, monetary policy rate</media:keywords>
</item>

<item>
<title>24&#45;Hour Secretariat, ATRI Engage Nkwanta North Chiefs Over Proposed Palm Plantation Project</title>
<link>https://news.xgentgroup.com/24-hour-secretariat-atri-engage-nkwanta-north-chiefs-over-proposed-palm-plantation-project</link>
<guid>https://news.xgentgroup.com/24-hour-secretariat-atri-engage-nkwanta-north-chiefs-over-proposed-palm-plantation-project</guid>
<description><![CDATA[ The 24-Hour Secretariat and ATRI have engaged chiefs in the Nkwanta North District on a proposed palm plantation project aimed at boosting agriculture, creating jobs, and improving local infrastructure. Traditional authorities have pledged their support for the initiative. ]]></description>
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<pubDate>Wed, 28 Jan 2026 12:09:50 +0000</pubDate>
<dc:creator>Mary Adofo</dc:creator>
<media:keywords>Nkwanta North palm plantation, 24-Hour Secretariat, ATRI Ghana, agricultural development Ghana, palm plantation project, community development</media:keywords>
</item>

<item>
<title>Sankofa Innovation Summit empowers women&#45;led SMEs to scale up businesses</title>
<link>https://news.xgentgroup.com/sankofa-innovation-summit-empowers-women-led-smes-to-scale-up-businesses</link>
<guid>https://news.xgentgroup.com/sankofa-innovation-summit-empowers-women-led-smes-to-scale-up-businesses</guid>
<description><![CDATA[ The Sankofa Innovation Summit in Accra brought together women entrepreneurs, industry leaders, and investors to explore strategies for business growth, innovation, and market expansion, highlighting the vital role of women-led SMEs in Ghana’s economy. ]]></description>
<enclosure url="https://news.xgentgroup.com/uploads/images/202601/image_870x580_69725c81bffe2.jpg" length="85143" type="image/jpeg"/>
<pubDate>Thu, 22 Jan 2026 17:28:38 +0000</pubDate>
<dc:creator>Hilda Appiah</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>GH¢107m EXIM loans recovered; questionable deals referred to security agencies – Trade Minister</title>
<link>https://news.xgentgroup.com/gh107m-exim-loans-recovered-questionable-deals-referred-to-security-agencies-trade-minister</link>
<guid>https://news.xgentgroup.com/gh107m-exim-loans-recovered-questionable-deals-referred-to-security-agencies-trade-minister</guid>
<description><![CDATA[ Trade Minister Elizabeth Ofosu-Adjare has announced the recovery of GH¢107 million in defaulted loans from EXIM Bank. ]]></description>
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<pubDate>Wed, 21 Jan 2026 15:44:34 +0000</pubDate>
<dc:creator>Hilda Appiah</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Ghana Gold Board Signs Landmark Refining Agreement to Boost Local Value Addition</title>
<link>https://news.xgentgroup.com/ghana-gold-board-signs-landmark-refining-agreement-to-boost-local-value-addition</link>
<guid>https://news.xgentgroup.com/ghana-gold-board-signs-landmark-refining-agreement-to-boost-local-value-addition</guid>
<description><![CDATA[ The Ghana Gold Board has signed a historic agreement with Gold Coast Refinery Company Limited to refine gold locally, aiming to boost value addition, create jobs, improve export integrity, and retain more revenue within the Ghanaian economy. ]]></description>
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<pubDate>Tue, 20 Jan 2026 18:40:40 +0000</pubDate>
<dc:creator>Mary Adofo</dc:creator>
<media:keywords>Ghana Gold Board, GOLDBOD, Gold Coast Refinery, Sammy Gyamfi, gold refining Ghana, value addition, ASM formalisation</media:keywords>
</item>

<item>
<title>Mahama Administration Clears $1.47bn Energy Debt, Restores World Bank Guarantee Within First Year</title>
<link>https://news.xgentgroup.com/mahama-administration-clears-147bn-energy-debt-restores-world-bank-guarantee-within-first-year</link>
<guid>https://news.xgentgroup.com/mahama-administration-clears-147bn-energy-debt-restores-world-bank-guarantee-within-first-year</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://news.xgentgroup.com/uploads/images/202601/image_870x580_69665f0eaf38b.jpg" length="130434" type="image/jpeg"/>
<pubDate>Tue, 13 Jan 2026 15:07:18 +0000</pubDate>
<dc:creator>Hilda Appiah</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Cedi Gains Should Reflect on Spare Parts Prices – Trade Minister Tells Abossey Okai Dealers</title>
<link>https://news.xgentgroup.com/cedi-gains-should-reflect-on-spare-parts-prices-trade-minister-tells-abossey-okai-dealers</link>
<guid>https://news.xgentgroup.com/cedi-gains-should-reflect-on-spare-parts-prices-trade-minister-tells-abossey-okai-dealers</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://news.xgentgroup.com/uploads/images/202601/image_870x580_696603ec16907.jpg" length="93800" type="image/jpeg"/>
<pubDate>Tue, 13 Jan 2026 08:47:55 +0000</pubDate>
<dc:creator>Mary Adofo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Asantehene Urges Bank of Ghana to Lower Interest Rates to Boost Economic Growth</title>
<link>https://news.xgentgroup.com/asantehene-urges-bank-of-ghana-to-lower-interest-rates-to-boost-economic-growth</link>
<guid>https://news.xgentgroup.com/asantehene-urges-bank-of-ghana-to-lower-interest-rates-to-boost-economic-growth</guid>
<description><![CDATA[ The Asantehene, Otumfuo Osei Tutu II, urged the Bank of Ghana to lower interest rates to boost economic growth and encourage private-sector investment. He emphasized the importance of a stable currency and prudent monetary policy. He also described the New Bank Square as a symbol of national confidence and institutional renewal. ]]></description>
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<pubDate>Thu, 08 Jan 2026 08:52:16 +0000</pubDate>
<dc:creator>Mary Adofo</dc:creator>
<media:keywords>BOG</media:keywords>
</item>

<item>
<title>GoldBod Recorded No Losses in 2025 — GHS960m Revenue Declared</title>
<link>https://news.xgentgroup.com/goldbod-recorded-no-losses-in-2025-ghs960m-revenue-declared</link>
<guid>https://news.xgentgroup.com/goldbod-recorded-no-losses-in-2025-ghs960m-revenue-declared</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://news.xgentgroup.com/uploads/images/202601/image_870x580_6959434c81f9c.jpg" length="66701" type="image/jpeg"/>
<pubDate>Sat, 03 Jan 2026 16:54:26 +0000</pubDate>
<dc:creator>Hilda Appiah</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Minority raises concerns over Bawa Rock’s sole Licence under the GoldBod Scheme</title>
<link>https://news.xgentgroup.com/minority-raises-concerns-over-bawa-rocks-sole-licence-under-the-goldbod-scheme</link>
<guid>https://news.xgentgroup.com/minority-raises-concerns-over-bawa-rocks-sole-licence-under-the-goldbod-scheme</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://news.xgentgroup.com/uploads/images/202512/image_870x580_6952a65ca4370.jpg" length="48524" type="image/jpeg"/>
<pubDate>Mon, 29 Dec 2025 16:06:26 +0000</pubDate>
<dc:creator>Hilda Appiah</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Ghana’s International Reserves Projected to Reach $13 Billion in 2025 – BoG</title>
<link>https://news.xgentgroup.com/ghana-international-reserves-13-billion-2025-bog</link>
<guid>https://news.xgentgroup.com/ghana-international-reserves-13-billion-2025-bog</guid>
<description><![CDATA[ Ghana’s gross international reserves are projected to reach $13 billion by the end of 2025, according to the Bank of Ghana, reflecting improved exports, remittances, and macroeconomic stability. ]]></description>
<enclosure url="https://news.xgentgroup.com/uploads/images/202512/image_870x580_694ed84560c14.jpg" length="79644" type="image/jpeg"/>
<pubDate>Fri, 26 Dec 2025 18:49:42 +0000</pubDate>
<dc:creator>Xgent_News</dc:creator>
<media:keywords>Ghana international reserves, Bank of Ghana, BoG 2025 outlook, Ghana economy, foreign reserves Ghana, cedi stability, Ghana macroeconomic reforms</media:keywords>
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