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Tag Archives: ECONOMIC

2010 appointment letter of John Mahama-led Economic Management Team pops up

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 …

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IMF approves second tranche of $600 million for Ghana as economic support

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, …

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2023 was a year of economic hardships inflicted by the current NPP gov’t – NDC

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 …

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Togbe Afede lists ‘rots’ in Akufo-Addo’s govt in new book, ‘Our Self-Inflicted Monumental Economic Crisis’

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 …

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George Weah lost to Boakai because he failed to tackle corruption, rising commodity prices, and ongoing economic challenges

    Liberian President George Weah lost his second election to former Vice President Joseph Boakai as a result of his failure to tackle corruption, rising prices, and continued economic difficulties tarnished his image, according to the report. According to the information gathered, President George Wuah came into power on …

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2024 budget didn’t address economic bankruptcy, excruciating hardships – Sammy Gyamfi

  The National Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, has criticized the 2024 budget statement presented by the government. Mr Gyamfi expressed his disappointment, stating that the budget lacks hope for Ghanaians and does not effectively address the prevailing hardships in the country. In a Facebook …

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Dr Bawumia should answer my 230 Economic questions posed to him- Cape Coast South MP

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 …

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Majority Leader Defends Vice President Dr. Bawumia On Ghana’s Economic Hardship.

  Osei Kyei-Mensah-Bonsu, the Majority Leader of Parliament and MP for the Suame Constituency, stated that it would be deceitful for anyone to attribute Ghana’s economic struggles to Vice-President Dr. Mahamudu Bawumia. The Minister of Parliamentary Affairs, Kyei-Mensah-Bonsu, stated last Friday in an interview on Kumasi-based Otech FM that Vice-President …

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In opposition, Bawumia waxed lyrical about the economy and propounded lofty textbook theories on prudent economic management; Sammy Gyamfi Writes

    He was selected as running mate due to his background as an economist and eventually became Vice President and Chairman of the Economic Management Team- a position he has held for almost seven (7) years. Ghanaians were told that he was the economic wizkid and messiah who was …

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Ghanaians are Now Enjoying Economic Stability-Ken Ofori-Atta

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 …

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