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Nigeria’s debt load expected to reach N70 trillion by H2’23

While the current federal administration is implementing significant economic changes, it is estimated that Nigeria's public debt would reach N70 trillion and that inflationary...

Nkrumah Park renovation to boost tourism, economy – Okraku-Mantey

Renovation of Kwame Nkrumah Memorial Park aims to position position tourism as the leading contributor to the country's Gross Domestic Product (GDP), according to...

EIU projects 1.3% GDP growth rate for Ghana in 2023

The Economist Intelligence Unit predicts that Ghana's GDP would grow by 1.3% in 2023, which will cause a substantial slowdown.This falls short of the...

Data clearly shows that we have borrowed carelessly – Acheampong Theo

Economist, Dr. Theo Acheampong, is convinced that the Ghanaian government has been careless with its borrowing and spending.Contrary to President Akufo-Addo's assertion that...

“Surprisingly resilient”: IMF raises its predictions for global growth

The IMF that only the UK is experiencing a recession and that demand in the US and Europe has been stronger than anticipated.Due to...

Government spending, arrears clearance within target – BoG

Government spending and arrears clearance in the first nine months of 2022 was broadly within target.According to the Bank of Ghana, some key expenditure...

Fitch warns of more rating downgrades of African banks

International rating agency, Fitch, has announced that the declining global and domestic shocks would weaken the credit drivers for African banks in 2023.According to...

Every Ghanaian owes over ¢15k with the current debt stock

Estimates made using the 2022 budget shows that , every Ghanaian owes approximately GH¢15,175.32.Given the current public debt stated in the budget amounting to...

Akufo-Addo outlines 12 measures to restore economic stability by 2028

As part of the measures to restore Ghana’s economy to prosperity, the government have outlined some steps to be taken to stabilise the economy...

Lula is no more than a Brazilian Biden

If elected president, Lula would likely be unable to lead a transformational, leftist agenda. The theme of “return” has dominated the presidential election campaign in...

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