Joy Business Report @1 Multimedia Ghana

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The Ghana Revenue Authority goes after public institutions and other firms as it embarks on an operation to collect taxes owed by institutions to the state.

The Ghana cedi lost 3.88% in value to the US dollar last week on the spot market increasing its year-to-date depreciation to 21.20%.

The Ghana Statistical Service (GSS) has announced that the country’s gross domestic product (GDP) is estimated to have increased by 4.7 percent in the first quarter (January to March) of 2024. Compared to the fourth quarter (October to December 2023) last year, the economy grew by 1.2 percent.

Interest rates tumbled once again across the yield curve, in line with falling inflation. The 91-day yield eased to 24.85% from the prior week’s 25.03%.

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