Tag Archives: ECONOMY

Ghana’s economy growing – Yofi Grant

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 …

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A whole new economy will emerge in Ghana from Indian hemp – Gabby Otchere-Darko

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 …

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COVID-19, Russia-Ukraine war affecting Ghana’s economy – IMF delegation head

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 …

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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 …

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NPP has the competence to manage the economy but no leadership – Manasseh Azure Awuni

Award-winning investigative journalist Manasseh Azure Awuni has asserted that there are competent persons within the governing New Patriotic Party (NPP) who can effectively and efficiently manage Ghana’s economy but the party lacks the leadership to make this happen. The governing party has been accused of mismanaging the Mr economy and …

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Let’s recover economy first; then build the Cathedral – Asabee

An aspirant of the National Chairmanship position of the New Patriotic Party (NPP), Stephen Asamoah Boateng popularly called Asabee, has waded into the controversial debate about the National Cathedral. According to Asabee, persons leading the charge to construct the National Cathedral should put it on hold, for the nation to refocus …

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‘Ghana’s economy is growing and bouncing back in terms of GDP’ – EU envoy

Mr Irchad Razaaly, The European Union (EU) Ambassador to Ghana, says Ghana’s economy is “bouncing back” despite current economic challenges. Speaking at a Breakfast Meeting with editors in Accra on Friday, May 6, 2022, Mr Razaaly said Ghana’s recent removal from the EU’s Money Laundering list was indicative that the …

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Govt will not renege on its efforts to revive the economy – Bawumia

Vice President Dr. Mahamudu Bawumia has assured of government’s commitment to reviving Ghana’s economy back to pre-pandemic levels. According to him, the devastating impacts of the Coronavirus pandemic have eroded the gains made by government between 2017 and 2019. He also stated that just when Ghana’s economy was bouncing back the Russia-Ukraine …

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Managing the economy is not about speaking well – Economist

International Economist, Dr. Julius Kattah has asserted that no amount of economic gymnastics will change the fact that Ghana is faced with a serious economic crisis. Speaking on Nyankonton Mu Nsem on Rainbow Radio 87.5FM in a recent interview, he noted that the government must take note of the challenges …

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You just don’t know how to handle the economy – Duffuor to Bawumia

The former Finance Minister under the late President John Atta Mills  Dr. Kwabena Duffuor has stated Vice President Mahamudu Bawumia and the NPP government cannot match the economic records of the NDC. According to him, Ghana’s economic gains under his stewardship as Finance Minister are unmatched adding that the NDC’s …

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