Tag Archives: ECONOMY

Good afternoon ladies and gentlemen. Let me begin by thanking Mr. Seth Terkper for his delivery, which has brought home a number of key issues surrounding our recent economic trajectory. I do not intend to belabor the points he has made, except to reinforce few of them. I am a historian at …

  Former President John Mahama says Ghana’s economy and democracy are in dire traits which require broad consultation to address. According to Mr. Mahama, time is running out “and yet we can make things right if we work as one nation with a common destiny”. In a statement to mark …

  President Nana Addo Dankwa Akufo-Addo is expected to leave Ghana on Sunday, 16 May 2021, for a nine-day official working visit to France, Belgium, and South Africa. These working visits are part of the efforts the President is making to re-engage with the rest of the world, following the outset of …

  Ghanaian business mogul, Dr Kofi Amoah, has described Ghana’s economy as a real definition of a Ponzi scheme owing to how the nation acquires loans, what the loans are used for and how the debts that accrue thereof are serviced. His statement was in defence of his position on …

Ghana’s economy has ranked 73rd in the world in terms of Gross Domestic Product (GDP) for the year 2019 making it the 8th largest economy in Africa. The 2020 figures are not expected for another year. According to the World Bank, Ghana’s economy stood at about US$67 billion in size …

  Ghana’s economy has ranked 73rd in the world in terms of Gross Domestic Product (GDP) for the year 2019 making it the 8th largest economy in Africa. The 2020 figures are not expected for another year. According to the World Bank, Ghana’s economy stood at about US$67 billion in …

  President Nana Addo Dankwa Akufo-Addo has reassured Ghanaians the economy will bounce back despite the ravaging effects of the coronavirus pandemic. According to him, government is determined to outline a series of measures to revive and revitalise the economy. ”I know that, as a result of the pandemic and its impact …

President Nana Akufo-Addo has stated that his government will ensure the construction of regional hospitals in all the newly created regions and districts without hospitals. Delivering his first State of the Nation address of his second term on Tuesday, March 9, President Akufo-Addo described Agenda 111 as the biggest healthcare …

Ghana is running out of fiscal space as its debt-to-GDP ratio reached 74% at the end of 2020. Latest economic and financial data released by the Central Bank put the country’s debt stock at GH¢286.9 billion. This figure is the highest in nearly four years, following early attempts to cushion …

President Nana Addo Dankwa Akufo-Addo will start his final four-year tenure on January 7 with his task on the economy well cut out for him. He will be expected to lead the revival of an economy that has been pushed into its first recession in almost 40 years, prune down public spending …