Economist, Prof John Gatsi, has disagreed with President Akufo-Addo’s assertion that the nation’s economy has turned the corner and on its way to growth. According to the Dean of the School of Business of the University of Cape Coast (UCC), Ghana’s economy has not turned any corner. “Definitely, not so,” …
Read More »Dr Bawumia is a theoretical Economist- Ricketts-Hagan
The Cape Coast South Member of Parliament for the National Democratic Congress Patriotic Party (NDC),Hon.Kweku Rickette Hagan has slammed the Vice President of Ghana ,Dr Mahamudu Bawumia for his failure to manage the economy of Ghana,describing him as a “theoretical economist.” In his view, Dr Bawumia who was seen in …
Read More »Domestic Debt Exchange: Economist educates Ofori-Atta, Gabby on ‘implicit haircuts’
Minister of Finance Ken Ofori-Atta announced a Domestic Debt Exchange on December 4, 2022; with the view that details of the said programme will be presented today, December 5. One of three key points he put out in his four-minute address was the fact that there “There will be NO …
Read More »‘None of Ghana’s previous 17 IMF bailouts restored anything, they all failed’ – US economist
Professor of Economics at Johns Hopkins University in the USA, Steve Hanke, has again questioned government’s decision to enter an economic support programme with the International Monetary Fund. Last week, President Akufo-Addo defended the decision by stating that a possible bailout from the Bretton Woods institution will in the short-run repair …
Read More »Ghana’s inflation at a terrible 50%/year – Renowned US economist
Steve H. Hanke, a professor of applied economics at the Johns Hopkins University in Baltimore, Maryland has pegged Ghana’s inflation rate at 50%/yr, describing the status as terrible. The 79-year-old economist, Saturday, July 9, 2022, shared footage from the Arise Ghana protest, trumpeting the high cost of living in the …
Read More »IMF loan won’t save Ghana’s economy – Renowned US economist
A renowned international economist at the Johns Hopkins University in the USA, Professor Steve Hanke, has stated Ghana’s decision to enter an economic programme with the IMF will not salvage the economy. He predicts that a financial bailout from the Bretton Woods Institution is likely to fail just like the …
Read More »You were touted as an economic messiah but you’ve failed’ – Economist to Bawumia
Economist and international relations expert, Dr. Julius Kattah has described Vice President Dr. Mahamudu Bawumia as a failure. He argued that although Dr. Bawumia has consistently been touted as an economic messiah, he has failed to live up to expectations. Dr. Kattah was of the view that the Vice President as leader …
Read More »Economist in opposition, fake IT expert in government – Kwakye Ofosu ‘mocks’ Bawumia
Former Deputy Minister of Communication, Felix Kwakye Ofosu has mocked Vice President Dr. Mahamudu Bawumia for the national digitization drive he is spearheading. In a post on his social media handle, Mr. Kwakye Ofosu said the Veep was only pretending to be an IT expert having abandoned his ‘economic messiah’ status. “Talk economy in …
Read More »Surcharge whoever took the decision to stop road toll – Economist
An Economist with the University of Ghana Business School is suggesting that the abolishment of road tolls is having an effect on the resources of the country, therefore, whoever is responsible must be surcharged with the revenue loss to the state. Lord Mensah, who was speaking on Joy FM’s ‘Top …
Read More »