Ghana's decision to turn to the International Monetary Fund (IMF) for bail out will fail, according to a US economics professor, Steve Hanke of John Hopkins.
Economy
Most viewed
Popular
-
Finance Minister projects Ghana to finish 2024 with 15% inflation rate
-
Free SHS won't be touched under $3bn IMF programme: Finance minister assures
-
Commercial flights begin on newly constructed Sunyani Airport
-
Gov’t plans to sell off 17 defunct state-owned companies
-
Cedi flexes muscles; Appreciates against USD after debt exchange announcement
Economy Latest News
Breaking
Food inflation caused by Ukraine war is hitting hard but GH experts see a solution
GT Bank sends confusing text messages to customers about ’20 and 50’ notes
One of the commercial banks in Ghana, GT Bank Ghana has caused a stir on social media with a text message that it will no longer accept 20 and 50 paper notes.
Ofori-Atta doubles bailout request from IMF from almost $1.5bn to $3bn
Finance Minister Ken Ofori-Atta has increased the amount he is requesting from IMF for balance of payment support for Ghana from $1.5 billion to $3 billion.
Ghana cedi has become a junk currency - US economist Steve Hanke jabs
US Economist Prof Steve Hanke has given a grim assessment of the local currency, describing the cedi as a central bank junk currency as depreciation persists.
Angry traders threaten to hit the streets over cedi's continuous fall to the dollar
A demonstration is brewing in Accra as thousands of traders raise concerns about continuous fall of the cedi against the dollar and other foreign currencies.
LPG marketers call off strike; gas filling stations open to the public with immediate effect
The association that represents marketers of liquefied petroleum gas has announced a decision to call off a strike they started on Monday, August 1, 2022..
PURC to increase water and electricity tariff from Sept 1
Utilities regulator, Public Utilities Regulatory Commission, is set to announce higher tariffs for water and electricity to take effect from September 1, 2022.
E-Levy targets reduced significantly as Ghanaians fail to pay tax
Finance Minister Ken Ofori-Atta has drastically reduced Ghana’s expected revenue from the E-Levy in 2022 from approximately GH¢7 billion to GH¢6.11 million.
Road tolls are back; gov't makes surprise announcement during 2022 midyear review
Finance Minister Ken Ofori-Atta has announced the return of road tolls on some selected roads in the country after a bold decision last year to scrap them.
Economist Theo Acheampong predicts end to labour strike after 15% COLA
Economist and political risk analyst Dr Theo Acheampong has said the 15% COLA that government has agreed to pay labour would prevent further industrial action
Economy
Load more