By Samuel Tetteh TEI
As the world grapples with economic uncertainties, geopolitical tensions and shifting market dynamics, the imperative for countries to meticulously craft and execute strategic inward investment policies has never been more pressing. Inward investment policies and measures serve as the cornerstone of a country’s efforts to attract...
By Joshua Worlasi AMLANU
In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery.
Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance...
By Joshua Worlasi AMLANU ([email protected])
The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation.
Dr. Ernest Addison, Governor of the central bank, disclosed the rationale behind the decision during the 117th...
By Buertey Francis BORYOR
The Institute of Statistical Social and Economic Research (ISSER) of the University of Ghana has called for a review of the Special Drawing Rights (SDRs) allocation framework.
The SDRs is an international reserve asset created by the IMF to supplement the official reserves of its member countries.
ISSER proposed that...
By Kizito CUDJOE, Abidjan – Côte d’Ivoire
A policy analyst and advocacy officer in sovereign debt management, Shem Joshua Otieno, has raised concerns about Africa's financial challenges amid a persistently austere global economic landscape.
He lamented that as of 2024, the continent finds itself entangled in a web of debt, with...
By Joshua Worlasi AMLANU [email protected]
Provisional real gross domestic product (GDP) witnessed a 3.8 percent increase in the fourth quarter (October to December) of 2023 compared to the same period in 2022, according to data released by the Ghana Statistical Services (GSS).
This represents the quickest growth rate in a year,...
By Korsi DZOKOTO
In the realm of economic management, Ghana stands as a stark example of the profound impacts of mismanagement and corruption on a nation's fiscal health. The story of Ghana's economic trajectory is one of promise overshadowed by poor governance, inflated project costs, and unchecked borrowing. As we...
By Joshua Worlasi AMLANU
Finance Minister Dr. Mohammed Amin Adam urged stakeholders to capitalize on the transformative potential of AI to propel African innovation to new heights. His remarks came during the inauguration of the Accra AI Summit themed 'AI as a Catalyst to Transform Economies in Sub-Saharan Africa'.
"I only...
…global players exploring opportunities within AfCFTA
By Kestér Kenn KLOMEGÂH
The scramble for the multidimensional control of the African continent by global players is a geopolitical reality. In order to be part of this geopolitical arena, foreign players have been devising different mechanisms for revitalizing partnership and strengthening cooperation with Africa,...
By Joshua Worlasi AMLANU [email protected]
Consumer inflation rate eased back to 23.2 percent in February 2024, down from 23.5 percent in January, according to data from the Ghana Statistical Services (GSS), defying market expectations of an increase.
Despite the drop, analysts warn that inflationary pressures remain elevated and March figures could...
