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 →
The International Monetary Fund (IMF) has said Ghana’s economy, supported by a strong policy response, is rebounding after the impacts of the COVID-19 pandemic, which affected the real GDP growth. In a statement issued and signed by its Press Officer, Lucie … Read more →
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 →
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 →
• 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 →
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 →
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 →
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 →
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 →
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 →