Tag Archives: ECONOMIC

The Deputy Minister of Education in charge of Technician and Vocational Education Training (TVET), Gifty Twum-Ampofo has made a paradoxical statement that teachers must be blamed for the current economic challenges facing the country and not the Finance Minister, Ken Ofori Atta. Gifty Twum-Ampofo explained that for any country’s economy …

Dorothy Ofori Sarpong, the leader of the school feeding caterers, has revealed the dire consequences faced by some of the caterers under the programme due to debts, resulting in a few even fleeing their homes to escape their creditors. She revealed that the distressing situation has led to one person …

The country is on the brink of entering a period characterised by market stability and diminished uncertainties, following the International Monetary Fund’s (IMF) approval of the US$3 billlion deal. The expected disbursement of around US$600million through the IMF programme, along with other anticipated concessional inflows, is anticipated to significantly bolster the …

A 45-year-old father of nine children has allegedly committed suicide due to financial stress. He left his wife in shock in Adankwame in the Atwima Nwabiagya North District of the Ashanti Region. According to locals in the region, Kwasi Agyei had been moaning about economic problems and his incapacity to …

The government is estimated to save almost 50 billion Ghana cedis this year from the suspension of external debt service payments and the domestic debt exchange programme, former President John Mahama has said. This windfall and a reduction of government expenditure, he noted, “could have been used to reduce the …

The United States has warned of possible economic sanctions if Uganda’s anti-Lesbians, Gay, Bisexual, Transgender, Queer (LGBTQ+) legislation is signed into law. The United Nations and the United States led calls Wednesday (March 22) for Uganda’s President Yoweri Museveni to reject what they have labelled an “appalling” anti-gay bill. “We …

The District Minister of Koforidua Ascension Congregation of the Presbyterian Church of Ghana, Rev. Justice Kwame Asumeng, has rebuked Ghanaians for being ungrateful to God for protecting the country from the severe scourge of COVID-19 pandemic which has affected the global economy. Government has blamed Ghana’s struggling economic situation on …

The Paediatric Society of Ghana is worried that the current economic hardship is leading to malnutrition in Ghana. According to the group, more people are finding it difficult to eat two square meals a day. “Already, we have an issue with malnutrition because of the current hardships in the country,” …

The Minister of Parliamentary Affairs and the Majority Leader of Parliament, Hon Osei Kyei Mensah Bonsu has admitted it will be difficult for the governing New Patriotic Party NPP to break the eight in the current economic hardship. The Member of Parliament for Suame believes Ghanaians may turn their backs …

Majority Chief Whip Frank Annoh-Dompreh has refuted assertions by supporters of New Patriotic Party (NPP) presidential hopeful, Alan Kyerematen, that Vice President Mahamudu Bawumia cannot be the flagbearer of the party because he will not be a good messenger. According to him, the suggestions by Alan’s supporters including the former Communication …