Tag Archives: ECONOMY

Former President John Dramani Mahama will this evening (October 27) address the nation on matters relative to the economic crisis in which the country finds itself. The event is scheduled to start at 7pm at the University of Professional Studies, Accra (UPSA) auditorium. It is under the theme: ‘Building the Ghana we …

In the first place, this is not gold that comes from the ore that is mined from many kilometers beneath the earth’s surface per se, but this product is as cherished as the jewelry you wear on your wrist or neck. Known differently to different tribes in Ghana by name: …

    In the quest of finding everlasting solution to fix Ghana’s economic crisis, I am pleading with government to stop using high currency like the dollar in issuing payments for local debts to save our local currency from depreciation due to the high rate of the dollar, which causes the …

Ghana’s Finance Minister, Ken Ofori-Atta is addressing journalists at the Minister’s Press Briefing series. He is expected to provide updates on the Ghanaian economy which is now seeking an economic support programme from the International Monetary Fund. Watch the stream below Source: www.ghanaweb.com

President Akufo Addo says his government has not thrown it’s hands in despair in the current economic challenges facing the country. According to him, he is determined to revive and return the economy to the path of economic growth recorded before the Covid-19 pandemic. “The Akufo-Addo government has not throw …

Professor of applied economics at Johns Hopkins University-USA, Steve Hanke, has suggested that the country’s economic outlook does not look favourable. The academic in a Twitter post on August 6 pointed to the depreciating Cedi as the reason for his claim. In his view, the country needs a currency board …

Yofi Grant, the Chief Executive Officer, of Ghana Investment Promotion Centre (GIPC), has stated that despite Ghana’s inflation rising, the economy is growing. According to him, the country’s economic growth and outlook continue to be positive. He stressed that the fundamentals of Ghana’s economy are resilient and strong and not …

A leading member of the governing New Patriotic Party (NPP), Gabby Asare Otchere-Darko, has announced that Ghana will soon have a new, vibrant economy. He stated that the economy will bounce back to normal if parliament gives the green light for the legalization of Indian hemp which is in high demand …

Carlo Sdralevich, leader of the IMF negotiation team in Ghana, has reaffirmed the government’s narrative that Ghana’s economic hardship is partly a result of the ongoing Ukraine-Russia war as well as the COVID-19 pandemic. Sdralevich, after meeting the various stakeholders in the country concluded that Ghana’s fiscal and debt situation has severely …

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 …