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Ghana adds GHS16.9 billion to debt stock in 2020 1st quarter

May 15, 2020 New figures released by the Bank of Ghana show that the country’s debt stock increased by 16.9 billion cedis in the first quarter of 2020, that’s from January to March. The figures,...

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May 15, 2020 / Comments (0)

Finance Minister tasked to develop economic recovery programme

May 13, 2020 The Minister of Finance, Mr Ken Ofori-Atta, has been charged to develop a pragmatic economic recovery programme as soon as possible to facilitate a rebound of the economy from the impact of...

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May 13, 2020 / Comments (0)

Average standard of living sees no change in 2019 …as GDP per capita marginally declines

May 5, 2020 The average standard of living of Ghanaians virtually experienced no change between 2018 and 2019 as figures from the Ghana Statistical Service (GSS) show that the GDP per capita of the...

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May 5, 2020 / Comments (0)

Global e-commerce hits US$25.6 trillion – Latest UNCTAD estimates

April 29, 2020 E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released today by the UN’s trade and development body, UNCTAD, at the...

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April 29, 2020 / Comments (0)

Ghana’s debt sustainable despite risks – IMF

April 21, 2020 The International Monetary Fund (IMF) has said Ghana’s public debt stock remains sustainable despite external and overall debt being at high risk of debt distress. According to the...

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April 21, 2020 / Comments (0)

Lifting of lockdown will save our economy from recession – Prof. Quartey

April 21, 2020 The Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, says President Nana Addo Dankwa Akufo-Addo‘s decision to lift the ban...

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April 21, 2020 / Comments (0)

COVID-19: Africa risks losing US$500bn in tax revenue – AU

April 15, 2020 With the continent’s growth expected to shrink by as much as 9 percent as a result of the coronavirus pandemic, the virus is also expected to result in losses of about 30 percent of...

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April 15, 2020 / Comments (0)

Economy faces first recession since 1983

April 14, 2020 The economy risks suffering negative growth rates in the upcoming quarters as the novel Coronavirus (COVID-19) continues to rob the country of the usual social briskness that keeps...

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April 14, 2020 / Comments (0)

CORONANOMICS : BoG takes swift action to keep economy on front foot

March 20, 2020 Cuts policy rates by 150 basis points to 14.5 percent Up to GH¢100 MoMo transfer is free MoMo thresholds shoot up Bank envisages GDP growth dropping to 2.5% The Central Bank has taken a...

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March 20, 2020 / Comments (0)

African governments must review their budgets – ECA

March 17, 2020 The Economic Commission for Africa (ECA) has suggested African governments to review their budgets to reprioritise spending towards mitigating the expected negative impacts from...

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March 17, 2020 / Comments (0)