ALL POSTS FILED UNDER: ECONOMY
Economy has shrunk by 5% – NPP
Add a CommentGhana’s gross domestic product (GDP), notwithstanding the discovery of oil, has only increased from $28.5 billion in 2008 to a projected $40 billion in 2016, a 40 percent increase in eight years, according to the New Patriotic Party (NPP). In … Read more →
Economy: NPP faces uphill task
Add a CommentGhana’s newly elected leader, Nana Addo Dankwa Akufo-Addo faces an uphill task as he seeks to address the country’s economic malaise which has left Ghanaians impoverished and crippled many businesses. Key macroeconomic reforms to address concerns over the high level … Read more →
Economy to hit 6.0% in 2017
Add a CommentInvestment firm, InvestCorp says the Ghanaian economy will grow at about 6.0 percent in 2017 underpinned by a stronger recovery in private sector output and investment. The projection is however lower than government’s own projection of 7.2 per cent. In … Read more →
Economy falling into extended debt trap – Report
Add a CommentA recent report authored by some seven civil society organizations (CSOs) has indicated that the recent fall in the prices of commodities on the world market and government loans that are not being used prudently to ensure repayment, have now … Read more →
Gov’t confesses – Economy in crisis
Add a CommentCONTRARY to government’s denial of a weakening economy, Business Finder can confirm that the same government has admitted difficult economic times to the International Monetary Fund (IMF). A letter to the Fund, dated September 16, 2016 and signed jointly by … Read more →
President Mahama Assures Workers That The Economy will Recover by End of the Year
Add a CommentPresident John Mahama has promised aggrieved workers that current difficulties facing the economy would begin to give way at the latter stages of the year. Organized labour last Thursday abandoned work to embark on a nationwide protest over the worsening … Read more →
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