en-gh-hotdailynews: 2015-07-16 Ghana Business

Greece, Its Back to the Wall, Adopts Austerity Steps
New York Times
ATHENS — Under threat from the nation's creditors to move quickly or lose any chance of obtaining a desperately needed new bailout package, Greece's Parliament approved painful new austerity measures early Thursday, virtually guaranteeing that life ...

Greek parliament approves bailout package despite dissent, clashes   Hindustan Times
Greece debt crisis: recession fears grow as austerity measures pass   The Australian Financial Review
Greek lawmakers pass austerity bill despite dissent   The Hindu
Wall Street Journal
Firstpost
NDTV
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GhanaWeb

MPC maintains policy rate at 22 percent
GhanaWeb
The Monetary Policy Committee of the central bank has voted to maintain the policy rate at 22 percent largely on the back of the strong recovery of the local currency. The policy rate which signifies the rate at which banks lend to its customers. The ...
Ghana's central bank holds benchmark policy rate at 22.0 pct   Reuters Africa
UPDATE 1-Ghana's central bank holds benchmark policy rate at 22.0 pct   Reuters
Ghana Debt Stock Increases To 89.5% In First Five Months Of 2015   Ghana Broadcasting Corporation
Bloomberg
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GhanaWeb

Chinese gov't 'bounces' Ghana's loan request
GhanaWeb
The Chinese government has refused a loan application by the government of Ghana for the construction of some three road projects. In a letter dated June 26, 2015 addressed to the Finance Minister Seth Terkper and intercepted by Joy News, the Chinese ...

China rejects Ghana's loan request   Citifmonline
China Eximbank rejects Ghana govt's loan application   Starr 103.5 FM

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Ghana Broadcasting Corporation

Fuel prices should go down by at least 25% tomorrow – BDCs
Citifmonline
The Chamber of Bulk Oil Distributors (CBOD) is estimating a reduction of about 25 percent in the ex-refinery price of fuel products on Thursday. This comes on the back of pressure on the Oil Marketing Companies (OMCs) to reduce fuel prices. Speaking at ...
Fuel prices indicator index launched   Ghana Broadcasting Corporation

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GhanaWeb

Investors target US$1bn Western Rail project
GhanaWeb
Investors have expressed interest in funding the development of a viable Western Corridor railway network to support large-scale economic activities in that zone. The 330kilometre rail-project is expected to cost in excess of US$1billion to execute ...
Ghana railways projects claims by governments beg for more answers   Ghana Business News
Rail Infrastructure: Investors target US$1 billion western rail project   Pulse.com.gh

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Sub-regional workshop on gender and diversity opens
GhanaWeb
A three-day training workshop on school-related gender-based violence (SRGBV) has opened Accra. A statement by Ms Cynthia Prah, the National Information Officer of the United Nations Information Centre and copied to Ghana News Agency on ...

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Ghana Broadcasting Corporation

Rawlings storms court to support taxi driver
Ghana Broadcasting Corporation
An Accra Fast Track High court has asked former President Jerry Rawlings to mediate between a taxi driver and a micro-finance company on a breach of contract case. The taxi driver, Fio Yohannes filed a suit against an Accra-based Microfinance Company ...

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GhanaWeb

Parliament approves $1.8bn for 2015/2016 cocoa season
GhanaWeb
Parliament on Wednesday approved a loan agreement between the Ghana Cocoa Board (COCOBOD) and a consortium of international and local banks for an amount of $1.8 billion for the purchase of cocoa beans for the 2015/ 2016 crop season. The banks ...

COCOFEED fertiliser: Mad rush for free cocoa fertilizer   Pulse.com.gh

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