With governments the world over being held more accountable by their citizens and investors for higher environmental, ethical and social standards, the 2023 budget statement and economic policy must include a clear and viable path on climate action, access to affordable and clean energy, and quality education.
This is a...
Former Finance Minister Seth Terkper has said that the expenditure related to the coronavirus pandemic should not be solely considered as responsible for the widening fiscal deficit but rather what is driving the debt is the funds used to resolve financial institutions and energy sector debt which were excluded...
The COVID-19 pandemic, one of the world’s most significant events in recent memory, has resulted in the cessation of economic activities for many African countries. Many economic analysts have predicted that the pandemic will lead to a significant decline in GDP, unparalleled social disruption, and the loss of millions...
A microfinance company based in the Western Region, Boin Microfinance Limited, has cited the Receiver, Eric Nana Nipah, for abuse of power and disregard for the law as the company’s assets are being confiscated despite court order stopping it from doing so.
According to management of the company, the Accra...
Consumer inflation eased further in December 2023 - closing at 23.2 percent, down from November's 26.4 percent per data from the Ghana Statistical Service (GSS).
This 3.2 percentage point decline aligns with forecasts, providing relief from the previously higher and persistent inflation.
Cumulatively, inflation dropped 30.4 percent during 2023 while average...
The price of imported fresh tomatoes has sharply increased, as traders now have to travel up north to neighbouring Burkina Faso to buy fresh tomatoes for sale on the local market.
This perennial shortage of the vegetable and reliance on Ghana’s northern neighbour to meet local demand for the commodity...
Cost of government short-term borrowing is projected to decrease in second half of the year, coinciding with an anticipated decline in inflation. Interest rates tumbled once again across the yield curve, in line with falling inflation.
Treasury bill (T-bill) yields resumed their decline following a 190 basis points (bps) decrease...
Ghana Statistical Service (GSS) is currently recruiting prospective trainers to participate in a Pre-Certification Training Programme of Trainers for Censuses. The pre-certification programme is being offered for both National Trainers (trainers of Regional trainers) and Regional Trainers (trainers of Field Officers). This training programme will combine virtual with in-person...
Huge revenue losses associated with the outbreak of COVID-19 and projected losses due to the impact of the pandemic has pushed government to downgrade its Gross Domestic Product (GDP) growth from 6.8 percent to 0.9 percent.
This was announced by the Minister of Finance Ken Ofori Atta during the presentation...
For every five Ghanaians, two of them are identified as multidimensionally poor - meaning more than 45 percent of the country’s population are affected by multiple types of poverty, a Ghana Statistical Service (GSS) report has revealed.
Multidimensional poverty considers the many overlapping deprivations that poor people experience. The Multidimensional...