Ghana has made progress in the Global Logistics Performance Index (LPI) 2016, according to the 2016 World Bank Report on trade logistics in the global economy. The report indicated that the country moved 12 places up from 100th in 2014 … Read more →
Consultant to the National Health Insurance Authority, last Friday, presented the list of 123 Community Senior High Schools under various stages of completion to host Kwami Sefa Kayi in the studios of Peace FM. Ametor Quarmyne who had initially promised … Read more →
The World Bank’s Board of Executive Directors has approved a $15 million Ghana Economic Management Strengthening (GEMS) Technical Assistance Project for Ghana. This is billed to strengthen the country’s institutional capacity in domestic revenue mobilization, public investment management, debt management … Read more →
Claims by the current Mahama administration that it has created over 6,000 jobs in the last four years have been discounted by a new World Bank report, which indicates that almost half (48 percent) of Ghana’s youth aged between 15 and … Read more →
An Economist and Senior Lecturer with the University of Cape Coast (UCC), Dr John Gatsi has accused the Bretton Woods Institutions of luring Ghana into a debt trap. According to him, both the International Monetary Fund (IMF) and World Bank … Read more →
President John Dramani Mahama is optimistic that the programs and policies he has put in place in managing the Ghanaian economy are yielding results. According to Mr. Mahama, the Ghanaian economy has experienced tremendous growth over the last couple of … Read more →
The World Bank Group has asked government to take bold steps to enhance efficiency in its public expenditure and improve revenue mobilisation. The bank, in its second Africa Pulse report for 2015, said the current economic situation underscored the need … Read more →
Mr Henry Kerali, World Bank Country Director for Ghana, Liberia and Sierra Leone has challenged Ghana to institute actionable strategies to exploit the country’s abundant resources to get people in the savannah zone out of poverty. “There is no reason … Read more →
The World Bank Group’s Board of Executive Directors have approved a US$60 million International Development Association (IDA) credit for Ghana to improve the Electricity Company of Ghana’s (ECG) financial performance, minimise its commercial losses, and ultimately contribute to increased revenue … Read more →
The World Bank has cautioned Ghana to resist spending excessively during good economic times due to the non-predictability of commodity price movements on the world markets. “Large fiscal deficits and inefficient government spending remain sources of vulnerability for many countries … Read more →