The International Monetary Fund (IMF) released its World Economic Outlook update in July 2024, projecting a steady global growth rate of 3.2% for the year. Despite this optimistic projection, the…
Far away from the battlefields, a different drama unfolds on the staid King George IV St. The recent World Bank visit wasn’t just a courtesy call, it was an intervention.…
The International Monetary Fund’s (IMF) recent endorsement of a $3 billion Extended Credit Facility (ECF) agreement for Ghana is poised to create a significant ripple effect in the nation’s real…
The executive board of the International Monetary Fund (IMF) has given the green light to provide Ghana with a three-year extended credit facility (ECF) arrangement worth $3 billion. According to…
According to the World Bank’s January 2023 Global Economic Prospects report, Ghana’s GDP will grow by 2.7% in 2023, less than the average for Sub-Saharan Africa, which is expected to…
The International Monetary Fund (IMF), a Bretton Woods organization, has increased the yield on its Special Drawing Rights (SDR) by approximately 210 basis points (2.1%). This means that Ghana and…
Ghana has a diverse and growing economy that has undergone significant development in recent years. The country has a long history of producing and exporting natural resources, including cocoa, gold,…
Growth in Sub-Saharan Africa in 2022 was predicted to decline significantly by more than 1% to 3.6% as a result of a global slowdown, tighter financial conditions globally, and a…
Kristalina Georgieva, the head of the International Monetary Fund (IMF), has warned that this year would be harder on the global economy than the one we just finished. “Why? Because…
The cedi will lose value relative to the dollar by around 22% in 2023, according to the UK-based Economist Intelligence Unit (EIU). According to its Africa Outlook 2023 Report, this…
This government unfortunately does have a good reputation and credibility among some Ghanaians. They have made many promises to Ghanaians which they have not been able to keep. Many such…
The cedi, the currency of Ghana, in the previous week, outperformed all other currencies against the dollar. The cedi, which had terrible performance in the previous months, has suddenly acquired strength…
Members of Parliament (MPs) of the National Democratic Congress (NDC) have criticized the government’s plan to restructure the nation’s debts and have threatened to veto the agreement in Parliament. In…
Ken Ofori-Atta, the Finance Minister who is now under fire, will give the government’s 2023 Annual Budget Report and Economic Policy to Parliament today, November 24, 2022. The Finance Minister…
According to the United Nations, Ghana and some other African nations will have to take significant steps to reform the global financial system. Charles Abani, the UN Resident Coordinator in…
Ghana is currently experiencing firsthand how oil can be both a blessing and a curse. The start of commercial petroleum production made the West African country one of the most…
Social media users in Ghana are not enthusiastic about President Akufo-speech Addo’s on the health of the economy. Many of them felt that the action, which was designed to inspire…
Murtala Mohammed, a member of parliament (MP) representing Tamale Central, has stated that he intends to start the impeachment proceedings against President Nana Akufo-Addo. Last week, some 80 New Patriotic Party…
The International Monetary Fund (IMF) has allegedly found some inconsistencies in the macroeconomic data that the government’s economic management team has supplied, according to former deputy finance minister Mona Quartey.…
Today, October 27, 2022, marks the start of a three-day retreat for the president and his cabinet to discuss the economy as the government’s negotiations with the International Monetary Fund…
