Purchasing power parity approach
Context
The production of official statistics for national policy guidance and decision-making by households and firms is expected to follow both national and international quality assurance processes which are transparent and publicly accessible. The dispensation of the professional and technical functions of the Ghana...
Government debt burdens across sub-Saharan Africa are rising at a faster pace and to higher levels than elsewhere in emerging markets, heightening the risk of further rating downgrades and defaults, ratings agency Fitch warned on Tuesday.
Emerging markets have been battered by the fallout from the coronavirus pandemic, with a...
Amid tighter fiscal policy as well as substantial depreciation of the cedi against the US dollar this year, the construction sector is forecast as one of the economy’s sectors to be hard hit.
Fitch Solutions in its latest assessment projected that the construction industry will suffer a slowdown in growth...
Eight pre-tertiary private education associations have come together to form a single body called Private Education Coalition Committee(PECC) that would push their interest on national issues and policies.
Some of the institutions that have come together to form the PECC include the Foundation for Education, Research and Development (FERD), Ghana...
… Providing vital power infrastructure to meet dev.’s needs
Very few people across the world expected to begin the year 2020 locked up in their homes, and faced with restrictions on some of their social freedoms. While many heard the news about the soaring coronavirus infections in China in December...
The Deputy Director of the Council for Scientific and Industrial Research-Crops Research Institute (CSIR-CRI), Prof. Mrs. Marian Quain, has rekindled the call for the adoption of genetically modified (GM) crops to brighten the agenda of agricultural transformation to drive economic growth and development.
She observed that with the rising agricultural...
introduces unemployment insurance
empower GCX, NAFCO to boost food security
expand procurement of local goods and services
Minister of Finance Ken Ofori Atta has announced an ambitious three-and-a-half-year economic recovery plan geared at resuscitating the economy from the impact of the outbreak of the Coronavirus pandemic with aggressive focus...
Fifty years ago, Milton Friedman published an article in the New York Times that articulated what has come to be known as the Friedman doctrine: “the social responsibility of business is to increase its profits.” It was a theme he had developed in his 1962 book Capitalism and Freedom,...
Debt accumulation and sustainability relative to gross domestic product (GDP) in Ghana’s economy have been a major concern to a cross-section of citizens, economic, and financial analysts in recent years.
The debt-to-GDP ratios recorded by Ghana in recent years are as follows: 2012 = 35.58%; 2013 = 43.22%; 2014 =...
A Deposit Protection Scheme that will help reduce disruptions in the financial system arising from banking distress and bank failure has been approved by Parliament.
As part of the scheme, parliament has approved a €13million loan agreement between the Government of Ghana and Kreditanstalt Fur Wiederaufbau (KFW), Frankfurt AM Main...