• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

2025 Mid-Year Budget Review: CSO Budget Forum Urges Further Measures to Support Cedi Stability, Lower Inflation

1 month ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
91
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

2025 Mid-Year Budget Review: CSO Budget Forum Urges Further Measures to Support Cedi Stability, Lower Inflation

The Civil Society Organisations (CSOs) Budget Forum has called on government to introduce additional policy measures aimed at stabilising the Ghana cedi in the 2025 Mid-Year Budget Review.

The call by the Forum comes just days ahead of the presentation of the Mid-Year Budget by Finance Minister Dr Cassiel Ato Forson, scheduled for Thursday, July 24, 2025.

The cedi, which has shown some relative strength this year, has recorded a year-to-date appreciation of 50% against the US dollar, according to Fitch Solutions. The local unit is currently trading at GHS 10.40 to the dollar on the interbank market, although retail market quotes remain significantly higher at over GHS 12.

Despite the cedi’s recent performance, Fitch Solutions projects the local currency will end the year at GHS 11.45 per dollar on the interbank market.

Beyond currency stability, the Forum also called on the Government to introduce robust measures aimed at accelerating the downward trend in headline inflation, particularly food inflation, which continues to weigh heavily on low-income households.

Although headline inflation dropped significantly to 13.7% year-on-year in June 2025 — the lowest since December 2021 — food inflation remains elevated. The Ghana Statistical Service (GSS) recorded food inflation at 16.3% in June, down from 22.8% in May.

RelatedPosts

Premier League: Ngumoha’s Late Goal Seals Liverpool’s Thrilling Win Over Newcastle

US Open: Venus Williams and Keys Bow Out as Alcaraz Launches Campaign

GSE Opens Week Higher as CPC Posts First Gain of 2025

The CSOs Budget Forum maintains that while recent macroeconomic trends offer some optimism, the Government must consolidate the gains through prudent fiscal and monetary policy interventions in the upcoming budget review.

Meanwhile, Fitch Solutions, in response to the sharp fall in inflation has revised its inflation forecasts downward. It now expects average inflation to reach 15.4% in 2025 and 12.2% in 2026, compared to earlier projections of 17.1% and 13.9% respectively.

Tags: 2025 Mid-Year Budget Review: CSO Budget Forum Urges Further Measures to Support Cedi Stabilitycedi stabilityFinance Ministerinflationlower inflation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Asante Gold Announces Completion of $500m Financing Package to Boost Bibiani and Chirano Growth Plans

Gov’t Pledges to Intensify Reforms in Gold Sector Ahead of Crucial Anti-Money Laundering Assessment

Otto Addo Expected to Announce Squad for Crucial 2026 World Cup Qualifiers

How Artificial Intelligence Is Both Driving and Derailing Decarbonization

Ghana Revenue Authority Targets Retrieval of GHS 163m in Unpaid Taxes and VAT Arrears

Nurturing Dreams: Ghana’s Football Future Blossoms with Talent Identification Initiative

Trending

Features

Premier League: Ngumoha’s Late Goal Seals Liverpool’s Thrilling Win Over Newcastle

August 26, 2025

Premier League: Ngumoha’s Late Goal Seals Liverpool's Thrilling Win Over Newcastle Liverpool triumphed 3-2 over Newcastle United...

US Open: Venus Williams and Keys Bow Out as Alcaraz Launches Campaign

August 26, 2025

GSE Opens Week Higher as CPC Posts First Gain of 2025

August 26, 2025

Asante Gold Announces Completion of $500m Financing Package to Boost Bibiani and Chirano Growth Plans

August 26, 2025

Gov’t Pledges to Intensify Reforms in Gold Sector Ahead of Crucial Anti-Money Laundering Assessment

August 26, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.