Economy & Investments

Ghana's Economy Grew By 5.3%

Thursday, October 16, 2014 Ghanas economy grew by 5.3 in the second quarter of 2014 compared to the 10.8 recorded in the second quarter of 2013. Theacting Government Statistician, Dr Philomena Nyarko, has projected the economy to grow at 6.9 per cent in 2014, which is below the governments target of eight per cent se ...

IMF boss optimistic bailout programme will stabilise Ghana's economy

Monday, October 13, 2014 Managing Director of the International Monetary Fund IMF, Christian Lagarde, says a Fund programme will stabilise Ghanas troubled economy. Ghana is facing a challenging situation and we are going to continue the discussions with the Ghanaian authorities to see what will -- on the f ...

IMF To Penalise Ghana -For Massaging Economic Figures

Monday, October 13, 2014 The recent discovery ofsupposed massaged economicfigures by the InternationalMonetary FundIMF could lead to sanctionsagainst the Government ofGhana. A similar incident was said to haveoccurred in 2000 earning governmentsome punishment in 2001. Economic analysts have hintedthat the ...

Our Economy And Tax Evaders

Friday, October 10, 2014 Mr. George Blankson, Commissioner General of GRA. It cannot be denied that there are lapses and leakages in our revenue collection system as well as under invoicing and under declaration at almost all our revenue collection points, e.g. our ports, borders, airport and even our road tolls are no ...

Mahama asks Spio Garbrah to help fix economy

Thursday, October 09, 2014 President John Mahama has tasked new Trades Minister Dr Ekow Spio Garbrah to help fix the economy. He made the call when he swore the Minister into office on Thursday at the Flagstaff House in Accra. The new ministers nomination has been mired in controversy with some pressure groups asking ...

Mahama meets ministers over the economy

Thursday, October 09, 2014 President John Dramani Mahama on Wednesday convened a high level meeting of all Ministers, Deputy Ministers and other senior Government appointees to deliberate on a broad range of issues relating to the economy. In a statement issued by the Communications minister,the meeting discussed the per ...

Ebola scourge will have little impact on Ghana's economy - IMF

Thursday, October 09, 2014 Fears the deadly Ebola virus that has hit hardest in the West African subregion will cripple Ghanas economy and economies of other countries has been dispelled by the International Monetary Fund IMF. According to an IMF assessment, the deadly virus would have little impact on the economy in t ...

Saving the economy: Gov't dealing with wage bill- Terkper assures

Tuesday, October 07, 2014 Finance Minister Seth Tekper says government is well aware of the implications of a huge public sector wage bill on the economy and is already taking steps to manage it. There have been calls from institutions, including the International Monetary Fund IMF for government to cut down on public ...

Economist doubts Mahama's claim Ghana may not resort to IMF in future

Monday, October 06, 2014 A renowned economist at the University of Cape Coast, Dr John Gatsi is doubting promise by President Mahama that Ghana is unlikely to resort to the IMF in future. President Mahama at his arrival from the 69 th United Nation UN General Assembly meeting Sunday told a group of National Democratic ...

The State of the Ghanaian Economy Report launched

Thursday, October 02, 2014 GNA ...

BDCs dread economic consequences if govt fails to debts

Thursday, October 02, 2014 Bulk Oil Distributors say any further delay in the payment of the debts government owes them could bring the economy down to its knees. This is coming on the heels of reports about a heated debate between Finance Minister, Seth Terkper and the Chief Executive of the Ghana Chamber of Bulk Oil Dis ...

Cedi's rise great, but you cannot save the economy by borrowing - Casely Hayford

Tuesday, September 30, 2014 Financial analyst, Sydney Casely Hayford says the excitement brought by the recent rise in the value of the cedi may be temporary because the gains could be artificial. For many individuals and business owners, the recent rise in the value of the cedi is good news, but Mr Casely Hayford says the ...

Rescuing the economy: We are hopeful, not complacent- Terkper

Monday, September 29, 2014 Finance Minister, Seth Terkper says although government is hopeful the economy will begin to show positive signs of recovery by the end of the year, it is remaining conscious of repeating the blunders that resulted in the current slump. The International Monetary Fund IMF team after its first ...
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