Vice president Dr Bawumia has announced an uncommon move by government to purchase imported oil using gold. CSOs aren't enthused. But is the bold move feasible?
Vice president Dr Bawumia has announced an uncommon move by government to purchase imported oil using gold. CSOs aren't enthused. But is the bold move feasible?
US economics professor, Steve Hanke, has thumbed down Nana Akufo-Addo's handling of the economy, suggesting that the president was begging for the IMF for help.
A team from International Monetary Fund that arrived in Ghana to assess the economic situation and discuss a possible bail out deal has concluded its mission.
The Ghana Statistical Service (GSS) has released inflation figures for June 2022, showing that inflation peaked at 29.8%, compared to 27.6% in May this year.
IMANI Centre for Policy and Education has said government might be exaggerating Covid-19 and the Ukraine crisis as reasons for going to the IMF for a bail out.
Centre for Social Justice has released a report of Ghana's debt sustainability profile over a 20-year period, showing looming crisis if trends remain unchanged.
While government has stressed that policies like Free SHS will not be hit by a possible IMF bail-out programme, economists say that is denying the obvious.
Renowned social innovator Bright Simons has dismissed claims by Ghana government spokespersons that half the world's countries have gone for an IMF bail out.
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.
A financial management specialist affiliated with opposition NDC has cast doubt on Ofori-Atta’s ability to negotiate a suitable International Monetary Fund deal
Economy
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