The average Ghanaian does not need an economics degree to know the economy is going through a very rough patch. They feel it on their commute to work and when shopping for foodstuffs.
The Ghana Statistical Service's figures noted that the continuous increase in food and transport prices across the...
Offshore investors have further reduced their participation in the local equities market amid the global shift toward tighter monetary policy stances to contain inflationary pressures.
This has largely led to a strengthening of the U.S. dollar and rising long-term bond yields, inducing the widened sovereign bond spreads, capital flow reversals...
A Facebook post by Information Minister, Mr. Kojo Oppong Nkrumah, to the effect that the impending IMF financial assistance to Ghana will not affect the ‘Ghana Beyond Aid’ policy, has attracted public backlash, with some critics describing his assertion as dishonest and arrogance.
One commentator noted that at the time...
says IMF will only offer temporary comfort
Any form of support from the International Monetary Fund (IMF) will only provide temporary relief to the current economic challenges, the Ghana National Chamber of Commerce and Industry (GNCCI) has said - urging government to focus on homegrown solutions while reducing the...
A Lecturer with the Centre for Peace and Security Studies, University for Development Studies (UDS), Tamale, Gregory Titigah, has called on the Metropolitan, Municipal and District Assemblies (MMDAs) across the country to develop district specific youth policies or localize national youth policies in order to meet the orientation, aspiration,...
The current economic challenges cannot be solved by the government and private sector alone, all stakeholders must play proactive roles to rescue it, the Chief Executive Officer of Business and Financial Times, Dr. Godwin Acquaye has said.
He added that stakeholders and respective authorities championing discussions in that regard also...
Speakers at the 2022 edition of the Stanford Seed Transformation Network Ghana Chapter’s annual flagship Business and Leadership conference have called for businesses to be resilient in the face of economic crisis, and see it as an opportunity to grow.
Mr. David Ofosu-Dorte, Executive Chairman at AB & David Law...
Economist and professor of Finance at the University of Ghana, Professor Godfred Bokpin, says stakes are extremely high for the 2023 budget and economic policy statement to be presented to parliament by Finance Minister Ken Ofori-Atta, as it has to respond to multiple stakeholders.
Speaking to Business and Financial Times...
SEND GHANA, a policy research & advocacy civil society organisation, has described government’s heavy reliance and continuous dependence on Development Partners (DPs) to fund its capital investments for some major ministries and sectors as risky.
The group noted that it has become apparent donor funds are gradually dwindling, hence over-reliance...
In a year when government and the International Monetary Fund (IMF) are expressing differing sentiments about Ghana’s economic prospects following a difficult 2022, it is obvious that 2023 is going to be full of uncertainties.
While government is bullish that the US$3billion bailout programme it agreed with the IMF at...