ALL POSTS FILED UNDER: GHANA’S ECONOMY

Ghana’s economy recovering faster than expected – BoG Governor
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Governor of the Bank of Ghana  (BoG) Dr Ernest Addison has said evidence from high frequency indicators – the CIEA outturn for October 2020, improved consumer and business confidence, and strong liquidity flows – have helped to deliver a faster … Read more →

Foreign investors have absolute confidence in Ghana’s economy – Ayorkor Botchwey
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Minister of Foreign Affairs and Regional Integration Shirley Ayorkor Botchwey has noted that foreign investors now have absolute confidence in Ghana’s economy due to the good policies introduced by President Nana Addo Dankwa Akufo-Addo. She revealed that the investors are … Read more →

IMF: Ghana’s economy to grow at 6.3%, 7.6% in 2018, 2019
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• Single digit inflation also predicted GHANA’S economy will grow at 6.3 percent and 7.6 percent in 2018 and 2019 respectively, with inflation at 8.7 and 8.0 percent respectively, the International Monetary Fund (IMF) has disclosed. The growth projection contained … Read more →

Ghana’s economy is recovering – Finance Minister
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The Finance Minister, Ken Ofori-Atta, yesterday gave a ray of hope for Ghana’s economic resuscitation and expressed great optimism for the future, with tailored economic policies that will facilitate smooth transition into prosperity for all Ghanaians. He made these assertions … Read more →

Ghana’s economy deteriorated in 2016 – IMF
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THE International Monetary Fund (IMF) has expressed shock at the level of deterioration of various economic indicators in 2016 saying Ghana’s fiscal problems required strong efforts of consolidation and the government also needed to urgently address a problem of debt … Read more →

Ghana’s economy in deeper crises than we thought – Prez. Akufo-Addo
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Barely three weeks after taking over the reins of government, President Akufo-Addo has revealed a grim picture of the country’s economy saying it is in deeper crises than the New Patriotic Party (NPP) government thought. According to him, the erstwhile … Read more →

Ghana’s economy shrinks by $1.8billion
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The size of the Ghanaian economy (including oil) shrunk from US$38.5 billion recorded in 2014 to US$36.7 billion in 2015, a difference of $1.8billion, the Ghana Statistical Service (GSS) has disclosed. The GSS further stated that Ghana’s economy grew by … Read more →

FULL DOCUMENT: Dr. Bawumia’s lecture on Ghana’s economy
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The New Patriotic Party’s (NPP) running mate and a former Deputy Governor of the Bank of Ghana, Dr. Mahamadu Bawumia, on Thursday 8th September 2016 delivered a lecture on the state of Ghana’s economy. Under the Theme – “The State … Read more →

Ghana’s economy lacks ability to create jobs – Economist
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A renowned Economist and Lecturer at Kumasi Polytechnic, Mr Kusi Boafo has backed the findings of CDD that the economy of Ghana is nothing good to write home about as every economic indicator shows that the country is in difficult … Read more →

More trouble for Ghana’s economy
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The cut in crude oil production output from the Jubilee field by over 50% has serious ramifications for the economy. This unexpected development, occasioned by a faulty turret bearing on the Floating Storage and Offloading vessel (FPSO) Kwame Nkrumah, will … Read more →

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