Economy

Ghana’s economy bad due to Russia-Ukraine war

President Nana Addo Dankwa Akufo-Addo has assured the Ghanaian people once more that his government is determined to bring relief to the Ghanaian people and return the economy to the high rates of growth that characterised economic management in the three (3) years preceding the COVID outbreak in 2020. “In recent times, we have been witnessing significant difficulties in the management of the national economy, largely as a result of the impact of the COVID-19 pandemic on the global economy...[Read More]

Economy without Covid plunged into recession under Mahama

Ernest Owusu-Bempah, Deputy Communications Director of the New Patriotic Party (NPP), has stated that the main opposition National Democratic Congress (NDC) lacks solutions to the current economic challenges caused by external factors. He implied that the economy was stalled during the previous John Mahama administration, despite the absence of the Covid-19 pandemic and the Russian-Ukraine war. The NDC has been critical of the Akufo-Addo administration for what they see as economic mismanagement...[Read More]

Ghana is working with the IMF to push economy back to path of prosperity

Ghana is working with the International Monetary Fund (IFMF), according to Information Minister Kojo Oppong Nkrumah, to return the economy to a prosperous path. He urged Ghanaians to keep their faith and fight together. He said on a Facebook post, “Though our challenges are not our fault, H.E Nana Addo Dankwa Akufo-Addo always takes leadership in finding solutions, no matter how difficult they may be.” I recall his many sleepless nights during covid, working tirelessly to bring relie...[Read More]