Director of the Institute of Statistical Social and Economic Research (ISSER) at the University of Ghana, Professor Peter Quartey, has urged government to ensure engagement with the International Monetary Fund (IMF) are formulated around home-grown policies on agriculture and industrial transformation that will make the economy robust. Speaking to journalists...
The success of any economic recovery after the pandemic in Ghana, and African at large, will depend on how resources can be efficiently mobilised and managed with digitisation and innovation as well as an improved business and investment environment. These, along with transparency in governance and expenditure, according to K.Y....
Africa’s first pandemic-era default edges towards IMF deal Zambian authorities agreed terms with the IMF on a $1.4bn bailout to help restructure the country’s external debt following its default last year. The three-year deal—which still needs to be approved by the IMF’s board—comes as part of the new government’s economic reform...
The General Manager of Gold Fields Ghana Limited (Tarkwa mine), Mr. Stephen Osei-Bempah, was named Mining Personality of the Year (The President’s Award) at the 6th Ghana Mining Industry Awards (GMIA) held in Accra. Mr. Osei-Bempah was honoured for playing a significant role in promoting the mining industry of Ghana...
The cedi seems to have avoided the regular first-quarter curse by staying strong against the greenback, with analysts pinning its performance on the back of solid portfolio inflows and presence of the International Monetary Fund (IMF). The cedi, for the past five years, has seen consistent massive depreciation in the...
There are early indications to suggest that the currency and debt markets are responding favourably to details of the Ghana Domestic Debt Exchange Programme, with the cedi recording a respectable appreciation against the US dollar following announcement of the programme. A note published by the research arm of Rand Merchant...
The Institute of Statistical, Social and Economic Research (ISSER) has urged government to review some taxes that are affecting industry, promoting imports and worsening the unemployment and inflation situation in the country. According to ISSER’s Director, Professor Peter Quartey, excessive taxes on production are hampering the growth and competitiveness of...
The year 2019 was an unprecedented year in terms of tourism in Ghana. The success of that year was supposed to be a stepping stone that will eventually flourish and plans where advanced to go ahead with the ‘Beyond the Return’ concept which aimed at keeping the momentum gathered...
Following the higher-than-projected Gross Domestic Product (GDP) figures announced by the Ghana Statistical Service (GSS), key economic indicators which are expressed as a ratio of GDP will be adjusted accordingly, the Ministry of Finance has announced. The Statistical Service, in its provisional 2021 fourth quarter and overall 2021 annual GDP...
Over 500 shops burnt 1000s of jobs lost Affected traders of the fire outbreak that hit a portion of the Kantamanto Market at the central business district of Accra are appealing to government for financial support to get back on their feet, as over 500 shops have been razed. The...

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