Tag Archives: ECONOMY

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 …

Ghana and the United Kingdom have reached a consensus on the main elements of a new trade agreement. This consensus was reached after Mr Alan Kyerematen, Ghana’s Minister of Trade & Industry and the Rt Hon Liz Truss MP, UK Secretary of State for International Trade met via video conference …

Ghana’s economy has, for the first time in nearly four decades, experienced a recession for consecutively two quarters of 2020. According to provisional GDP figures by the Ghana Statistical Service (GSS), the economy suffered a contraction as a result of the adverse impact of the coronavirus pandemic and its associated …

The Parliamentary Candidate for Fanteakwa south on the Ticket of NDC, Richard Fred  Kwashie Junior, said Rawlings was a saviour to mother Ghana. He said when the Economy was sliding into ditch; Rawlings came and rescues us from it. During that time our economy was in shambles which  we were unable …

Finance Minister, Seth Terkper, has said the current Finance Minister’s penchant to churn out questionable figures during budget presentations so his books will look good, is contributing to Ghana’s troubled economy. According to him, because Ken Ofori-Atta usually fails to provide the true figure of, for instance the budget deficit, the financial system …