Tag Archives: ECONOMY

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 …

The Minister of Lands and Natural Resources Kwaku Asomah-Cheremeh has noted that for a long time Ghana has been sitting on another mineral that has the potential to catapult the local economy but it hasn’t been given much attention. This, according to him, is iron, the bedrock for the Iron …

Following the announcement earlier this week that Ghana’s economy contracted by 3.2 percent during the second quarter of 2020, senior officials of both the Ministry of Finance and the Bank of Ghana have been quick to assure that this is just a temporary blip and that economic growth is expected …

Political Science Lecturer at the University of Ghana Professor Ransford Gyampo has advised Professor Jane Naana Opoku-Agyemang, running mate to former President John Mahama to talk about the economy when she gets the least opportunity to do so. According to him, she cannot speak without talking about the economy which …