Ghana Among World's 10 Worst Economies
With a U.S.$3 billion trade deficit in 2011 and U.S.$4.9 billion in external debt, Ghana is struggling to pay its bills even as it sits on some of the world's biggest reserves of gold and bauxite, as well as oil.
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Ghana: Ghana Among World's 10 Worst Economies
Ghanaian Chronicle, 28 June 2012
Ghana has the world's largest manmade lake and the 1-gigawatt Aksombo Hydroelectric Plant, built to supply electricity to Africa's largest aluminum smelter. But the smelter has ... read more »
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Ghana: The State of the National Currency - the Ghana Cedi - Introduction - (opinion)
Ghanaian Chronicle, 28 June 2012
Ladies and Gentlemen, the Ghana cedi has rapidly depreciated in relation to Ghana's major trading currencies i.e. (US dollar, euro, pound sterling, etc) to the extent that not only ... read more »
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Ghana: Government Urged to Begin EITI Legislation Process
Public Agenda, 25 June 2012
Groups of civil society activists working in the natural resource sector are urging that government, through the Ministry of Finance and Economic Planning (MOFEP) quickened action ... read more »
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Ghana: Rising Unemployment Blamed On Educational System
Public Agenda, 25 June 2012
The rise in the country's graduate unemployment should be blamed on the current educational system, an economist and senior lecturer at the Department of Economics of the ... read more »
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Ghana: Don't Tamper With Fuel Subsidy - Isodec
Ghanaian Chronicle, 22 June 2012
Government's withdrawal of fuel subsidies would lead to higher prices and have undesirable effects economy-wide, Mr. Dennis Nchor, a Policy Analyst at Integrated Social Development ... read more »
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Ghana: Election Year Excesses, Cedi Depreciation and Inflation - the Current Experience
Public Agenda, 22 June 2012
Every election year in the Fourth Republic, especially the hotly contested ones, has been associated with excesses (in spending and behaviour), rapid depreciation of the cedi, and ... read more »
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Ghana: When the State Fails to Utilise World Bank Money
Ghanaian Chronicle, 21 June 2012
Development in every phase of the Ghanaian economy has over the years been heavily dependent on donor support. read more »
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Ghana: High Cost of Living in Ghana Despite Single-Digit Inflation
Ghanaian Chronicle, 19 June 2012
The Institute of Economic Affairs (IEA) at the weekend attributed the current high cost of living in the country, in spite of the attainment of single-digit inflation rates, to the ... read more »
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Ghana: Inequalities Grow Despite New Oil Wealth
UN Integrated Regional Information Networks, 18 June 2012
Booming construction, a burgeoning middle-class, gleaming shopping malls. Ghana's oil-driven economic expansion is transforming the country, but uneven development also means many ... read more »
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Ghana: The Economy, Ghana and the Cedi (analysis)
Public Agenda, 18 June 2012
In a recent article I wrote entitled "Why the Cedi is losing its value - The untold story", I intimated that because of the economic paradigm that those in power have decided to ... read more »
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Ghana: Inflation Pushes Bog to Increase Policy Rate
Ghanaian Chronicle, 15 June 2012
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to increase its policy rate from 14.5 to 15 per cent. read more »
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In few months I'll be 50; I grew up reading literature about Ghana as the cradle of West-African Education and Gold Coast. Later we start seeing Ghanaian migrating all over the world with Nigerian passports. Most of them in Holland and Germany in the 80s vow never to turn back to Africa. Most recently, after Obama's visit to Ghana it was said the country has regained economic strength grace to good governance. This new disclosure indicates a foul-play by corrupt Ghanaian political elites. Politicians can hide the truth but not for too long; we are now in a ICT/Media era
If Ghana as one of the world's 10 worst economies. Why would they not go after the money that is entitled to them in theOman Ghana Trust Fund. People for years have been telling the country and the government that there is billions of dollars in Swiss banks and nobody can seem to go after this money. I would like somebody to respond to this if there is any possibility of retrieving this money, thank you for your time.