Tag Archives: ECONOMY

Former Finance Minister, Dr. Kwabena Duffuor has stated that a National Democratic Congress (NDC) government in 2025 will not have issues managing the Ghanaian economy. According to him, Ghanaians hardly complain of jobs during the tenure of an NDC government. “You see, when you talk about growth, job creation is …

The Minter of Finance, Ken Ofori-Atta, would be updating Ghanaians on the ongoing International Monetary Fund (IMF) bailout programme. The Executive Board of the IMF unanimously approved the $3 billion bailout for Ghana at a meeting on Wednesday [May 17, 2023] in Washington. $600 million out of the $3 billion loan was …

Angolan President João Lourenço has dismissed the country’s Minister of Economic and Social Development, Manuel Nunes Júnior, in the midst of widespread protests sparked by the government’s decision to eliminate fuel subsidies. The move to end subsidies, aimed at reducing government spending, went into effect on June 1, causing a …

The Founder and Leader of Ebenezer Miracle Worship Centre, Prophet Ebenezer Adarkwa Yiadom popularly known as Opambour has bemoaned the current state of Ghana’s economy. In a recent video of his televised preaching which has gone viral on social media, Opambour questioned the competence of the current government while addressing …

Tamale South Member of Parliament and former Minority Leader, Haruna Iddrisu has declared support for the candidature of former president John Dramani Mahama as flagbearer of the National Democratic Congress (NDC). Haruna was joined by a number of MPs from across the Northern Region at a campaign stop for John …

Tanzania’s President Samia Suluhu Hassan spent her years in national politics playing second fiddle to her predecessor John Pombe Magufuli. But two years after assuming the seat of power, her leadership skills are worth studying. This week marks two years since she inherited the seat from Magufuli, who died in …

The Asantehene, Otumfuo Osei Tutu II has implored the government of President Nana Addo Dankwa Akufo-Addo to be transparent with citizens on issues to do with the economy. According to him, there is a need for the government to come clean on the current state of Ghana’s economy including the recently conducted Domestic Debt …

Leading member of the New Patriotic Party, Dr Richard Amoako Baah says the Minister for Finance, Ken Ofori-Atta should be blamed for the state of Ghana’s economy. According to him, the minister as the driver of Ghana’s economy had become intoxicated from ‘partying’ and engaging in reckless borrowing leading the country into an …

The UK economy will shrink and perform worse than other advanced economies as the cost of living continues to hit households, the International Monetary Fund (IMF) has said. The IMF said the economy will contract by 0.6% in 2023, rather than grow slightly as previously predicted. However, the IMF also …

  For an economy to thrive, private investors need to pump money into it by establishing businesses in the country. Some of the money they make goes to the government in the form of taxes. On the other hand, the citizens gain employment as these businesses are established, and would …