Tag Archives: ECONOMY

Moody’s Investors Service (Moody’s) on Friday, February 4 downgraded Ghana’s long-term issuer and senior unsecured debt ratings to Caa1 from B3 and changed the outlook to stable from negative. It said the new rating of the country’s economy reflects the woes Ghana is facing in fixing its liquidity and debt …

  Isaac Adongo is calling for the head of Ken Ofori-Atta To him, he has mismanaged the economy He also accused the BoG governor of non-compliance Isaac Adongo, MP for Bolgatanga Central, is calling for the dismissal of the Finance Minister, Ken Ofori-Atta for “disastrously” mismanaging the economy. According to him, it is the …

  Parliament engages stakeholders on E-Levy Minority, citizens oppose E-Levy E-Levy to shore up revenue, create jobs – Finance Minister President Nana Addo Dankwa Akufo-Addo has expressed his administration’s resolve to find ways of addressing revenue gaps in government’s 2022 budget. According to him, government as a result of the coronavirus pandemic has …

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 …