Business: Economy & Investments

Minority Warns Of Economic Reccession

Thursday, July 30, 2015 Accra, July 29, GNA - The Minority in Parliament on Wednesday warned that Ghana stands the risk of slipping into the worst-ever economic recession if government does not rein in the country's spiralling national debt and inexcusable budget deficits. The side, argued, that contrary to the fiscal c ...

Mahama must downsize govt to save the economy - Economist

Tuesday, July 28, 2015 An Economist and Head of Finance at the University of Ghana Business School, Dr. Godfred Bokpin is calling on President Mahama to downsize his government to help save the country rsquo;s economy. This according to him is necessary in order to cut down the cost involved in maintaining government a ...

ECOWAS Bank to focus on economic growth

Sunday, July 26, 2015 Kumasi, July 26, GNA - The ECOWAS Bank for Investment and Development (EBID) says it would continue to focus efforts on providing support to private and public sector initiatives to grow the economies and create jobs in the sub-region. Mr Bashir Ifo, EBID President, said everything would be done ...

The adhoc economic measures need to be debated- Bastiat Ghana

Wednesday, July 22, 2015 Accra, July 22, GNA - Dr Tweneboah Senzu, Research Professor of Market Economics Studies at TUA University and Senior fellow of Bastiat Ghana Institute, on Wednesday disagreed with the Finance Minister about his views about the depreciation of the cedi. He said Mr Seth Terkper's assertion that th ...

Ghana's 2015 mid-year economic growth to decline

Wednesday, July 22, 2015 Accra, July 22, GNA - Ghana is to expect a decline in economic growth from an estimated 3.9 percent to 3.5 percent over the next six months, Finance Minister Seth Terkper announced in Parliament on Tuesday. The country's 2015 targeted budget deficit will increase from 6.5 percent of Gross Domesti ...

Cedi Appreciation Not Good For Economy – Economist

Monday, July 20, 2015 An economist and senior lecturer at the Economics Department at the University of Ghana says the recent appreciation of the country rsquo;s currency against other major currencies is not good for the country 39;s economy. Dr Osei Assibey said such rampant appreciation of the cedi against ...

Cedi appreciation not good for economy- Economist

Sunday, July 19, 2015 An economist and Senior Lecturer at the Economics Department at the University of Ghana says the recent appreciation of the country 39;s currency against other major currencies cannot be good for the economy. Dr Osei Assibey said such rampant appreciation does not bode well for other sectors of ...

Economic stability would come at a great cost - Economist

Thursday, July 16, 2015 Economist Dr. Godfred Bokpin has warned the economic stability the country is beginning to experience would come at a great cost. ldquo;There are somethings the country is giving up in order to have this. We are tightening liquidity, tightening monetary policy and the rest rdquo;, he said on bus ...

Industrialists Hopeful Of Economy Rebound

Wednesday, July 15, 2015 An industrialist says, despite the current economic woes of the country, most of the industry players have confidence in the long term viability of the Ghanaian economy. The Managing Director of Unilever Ghana, Ms. Maidie Arkutu, is highly optimistic that, the economy of the country will ...

Economist Welcomes New PRM Bill

Monday, July 13, 2015 An Economist and Chief Executive Officer of Edutainment House, a non profit organization, Mr Isaac Yaw Opoku, has welcomed the successful passage of the Petroleum Revenue Management (Amendment) Bill into Law. According to him new law would go a long way to ensure consistency in the flow ...

Ghana's Economy to get Major Boost

Wednesday, July 8, 2015 The World Bank Groups Board of Executive Directors, Wednesday, approved US$150 million budget support for Ghana Accra, July 8, GNA - The World Bank Groups Board of Executive Directors, Wednesday, approved US$150 million budget support for Ghana. The credit from the International Development As ...

Terkper Hopeful Of Economic Resurgence

Tuesday, July 7, 2015 The Finance Minister, Seth Terkper has expressed confidence in a buoyant economy for the country if key measures taken by government to address the power challenges, sharp depreciation of the cedi, and effective debt management eventually begin to yield dividends. Speaking at the forum in ...

Ghana's economy to get major boost from World Bank

Thursday, July 2, 2015 The World Bank Group rsquo;s Board of Executive Directors today approved US$150 million budget support for Ghana. The credit from the International Development Association (IDA) supports the First Macroeconomic Stability for Competitiveness and Growth Development Policy Financing (DPF), the first ...
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