Tag Archives: ECONOMIC

The role of government’s Economic Management Team (EMT) has come up strongly in recent times within the context of Ghana’s current economic challenges and the role of the current leader of the EMT, Vice President Mahamudu Bawumia. Under the Fourth Republic, the vice president has been known to lead the …

The International Monetary Fund (IMF) has granted its approval for Ghana to receive an additional $600 million in the second tranche of a $3 billion, 36-month Extended Credit Facility (ECF) Arrangement. The announcement, made in a statement on Friday, January 19, 2024, signifies the successful completion of the First review, …

The National Democratic Congress (NDC) has described 2023 as a year marked by ‘economic hardships inflicted by the current NPP government.’ The party said this while wishing all Ghanaians a Happy New Year. General Secretary Fifi Kwetey said in a statement that despite the economic difficulties, the National Democratic Congress remains …

Agbogbomefia of the Asogli state, Togbe Afede XIV, has slammed the Nana Addo Dankwa Akufo-Addo government over the current state of Ghana’s economy. In his new book, ‘Our Self-Inflicted Monumental Economic Crisis’, Togbe Afede said that the economic challenges the country is facing now are largely due to the poor economic management of …

A former deputy Finance Minister under the estwhile John Mahama administration has indicated that , it is now prudent for Dr Bawumia to respond to the 230 questions on the country’s economy he posed to him prior to the 2020 General elections. Mr Ricketts-Hagan has challenged Dr Bawumia to answer …

The Ghanaian economy has attained much-needed stability as major economic indices such as inflation and the exchange rate continue to fall, restoring investor confidence, Minister for Finance, Ken Ofori-Atta has said. The Ghanaian economy has attained much-needed stability as major economic indices such as inflation and the exchange rate continue …

The economy is displaying promising signs of progress following a series of robust economic reforms aimed at achieving macroeconomic stability and sustainable growth, Dr. Leandro Medina – the IMF Resident Representative in Ghana, has said. The IMF Resident Representative highlighted the favourable outcomes of these reforms, shedding light on the …

Virginia Evelyn Palmer, the U.S. Ambassador to Ghana says the anti-LGBTQ+ bill before Ghana’s parliament will be detrimental to the country’s international trade prospects if eventually passed. In an interview on TV Africa’s Breakfast Live show with host Dennis Osei Gyamfi, the diplomat said the passage of the bill will …

A man in Mombasa, Kenya, set himself on fire on Thursday in a protest against Kenya’s economic difficulties. He climbed a statue in a busy area and ignited himself, supposedly to highlight the tough economic situation. Many Kenyans are struggling due to high living costs, reduced business activity, and job …

A group of discontented Ghanaian youth have taken their frustration to the streets, targeting the statue of former President Edward Akufo-Addo, father of current President Nana Addo Dankwa Akufo-Addo. The incident, captured on video, shows the young men slapping a sculpture of Edward Akufo-Addo, who served as Ghana’s president from 1970 to …