Ghana’s economy grew by 6.9% in the second quarter of 2024, provisional figures released by the Ghana Statistical Service (GSS) has revealed. Compared to the first quarter of 2024, the economy grew at 4.7%.. The Services sector continues to be … Read more →
Research firm, IC Africa, is upbeat about the growth of the Ghanaian economy in 2024, saying, the economy will expand by about 3.4%, higher than the 2.9% growth rate in 2023.This is however lower than the 4.3% UK-based Fitch Solutions … Read more →
Ghana’s Finance Minister, Dr. Mohammed Amin Adam, has made a bold declaration regarding the country’s economic trajectory, stating that it is experiencing a robust rebound after facing significant challenges over the past two years. Speaking at a UK Town Hall … Read more →
IMF Mission Chief for Ghana Stéphane Roudet, has indicated that Ghana’s economy has seen its worst level and it’s now set for full recovery. However, he maintained this projection is based on the “government continuing to implement the IMF programme … Read more →
The Minister for Finance, Ken Ofori-Atta, has said the country’s economy is projected to hit GHC1 trillion in 2024 from GH¢219.5 billion in 2016. According to him, ‘’ The 2024 Budget is even more significant because we will cross the … Read more →
Ghana’s economy is showing signs of stabilisation nearly a month into the implementation of the country’s $3 billion loan-support programme with the International Monetary Fund (IMF). That was the preliminary findings of the IMF Mission team led by Stéphane Roudet, during … Read more →
Former President John Dramani Mahama has observed that Ghana’s economy is collapsing under the watch of President Nana Addo Dankwa Akufo-Addo. He indicated that extreme inflation and price volatility have worsened poverty in parts of the country. “Back from a … Read more →
South Dayi Member of Parliament Rockson Nelson Dafeamekpor has said Ghanaians have lost trust in the Minister of Finance and the entire team managing the economy. To that end, he said, the Finance Minister Ofori-Atta must go. Speaking on the Big … Read more →
President Nana Addo Dankwa Akufo-Addo has said he does not know of any economy around the world that is doing well in the midst of the COVID-19 pandemic and also the geopolitical tension between Russia and Ukraine. He said economies … Read more →
Two Credit Rating Agencies – Moody’s Investor Services (Moody’s) and Standard and Poor (S&P) have affirmed Ghana’s Credit Rating at B3 and B- respectively. The Rating Agencies also maintained Ghana’s outlook. A statement issued by the Public Relations unit of … Read more →