Ghana’s public wage bill is putting significant pressure on ... In 2024, the government budgeted 63 billion Ghana Cedis for employee compensation, while total revenue and grants were projected ...

While the statement highlights the vulnerabilities of an economy, the implications remain underexplored, especially when it comes to understanding the dynamics of Ghana's cedi depreciation.

Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, at some forex bureaus. In its daily update, the Central Bank noted that ...

The Kofi Job Foundation has invested over five million cedis in the purchase of healthcare ... the Kofi Job Foundation has settled medical bills of over 1,000 patients in the last six months ...