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Ghana: President Reassures Ghanaians Over Talks With IMF
allAfrica, 31 October 2022
President Nana Akufo-Addo has defended his government's decision to seek a U.S. $3 billion bailout from the International Monetary Fund to help overcome the country's economic… Read more »
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Ghana: 'Ghana Needs to Take Bold, Difficult Decisions'
Ghanaian Times, 28 October 2022
Ghana needs to take bold, difficult and firm decisions in order to face the economic headwinds battering the world, Vice President Bawumia has stated. Read more »
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Ghana: Ghana Can Turn Climate Challenges into Opportunities for Resilient and Sustainable Growth - Report
World Bank, 1 November 2022
The World Bank Group's new Country Climate and Development Report (CCDR) for Ghana estimates that at least one million more people could fall into poverty due to climate shocks, if… Read more »
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Ghana: What President Akufo-Addo Said About Ghana's Economy
Ghana Presidency, 30 October 2022
Fellow Ghanaians, good evening. Read more »
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Ghana: Accra, Kasoa Traders Worried Over Food Price Hike
Ghanaian Times, 28 October 2022
Some traders at markets in Accra and Kasoa have expressed worry about the frequent spike in prices of foodstuff, resulting in decrease in patronage of merchandise. Read more »
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Ghana: 'Majority Caucus in Parliament Accedes to President's Appeal'
Ghanaian Times, 28 October 2022
The Majority caucus in Parliament has reached an agreement with President Nana Addo Dankwa Akufo-Addo for the Minister of Finance, Ken Ofori-Atta, to see through the International… Read more »
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Ghana: Fitch Solutions Projects 4.6 Percent Growth Rate for Ghana in 2023
Ghanaian Times, 28 October 2022
Fitch Solutions has projected 4.6 per cent growth rate for Ghana in 2023, lower the 2.8 per cent forecast by the International Monetary Fund. Read more »
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Ghana: BoG's Dollar Purchase From Miming, Oil Firms Contributing to Cedi Depreciation - JP Morgan
Ghanaian Times, 25 October 2022
The Bank of Ghana's decision to purchase dollars from mining and oil companies, inadvertently reducing forex availability within the inter-bank market is one of the reasons behind… Read more »
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GhanaToday, 27 October 2022
The Minister for Information, Kojo Oppong Nkrumah, on Wednesday, said President Nana Addo Dankwa Akufo-Addo's engagement with some economic groups in the country was all geared… Read more »
Ghana President Takes Nation Into His Confidence on Economy
"We are in a crisis, I do not exaggerate when I say so. I cannot find an example in history when so many malevolent forces have come together at the same time. But, as we have shown in other circumstances, we shall turn this crisis into an opportunity to resolve not just the short-term, urgent problems, but the long-term structural problems that have bedeviled our economy" President Nana Addo Dankwa Akufo-Addo told the country in an address to the nation on October 30, 2022 yesterday.
Vice President Bawumia stated that the country needed to take bold, difficult and firm decisions in order to face the economic headwinds battering the world. Speaking at the two-day Standard Chartered Bank Digital Banking, Innovation and Fintech Festival in Accra, Dr Bawumia said the combined effects of Covid-19, the Russia-Ukraine conflict and major disruptions in global supply chains had brought untold economic damage across the world, and required new thinking and positioning, especially as the world eased into the fourth industrial revolution.
Ghana, for the second time in three years, is seeking assistance from the International Monetary Fund (IMF) to enable the country meet its payments to the rest of the world and restore the health of government finances.
InFocus
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Ghana is again seeking assistance from the International Monetary Fund (IMF) to enable the country to meet its payments to the rest of the world and restore the health of ... Read more »
