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Ghana’s public debt stock hits GH¢402.4 billion, 68% of GDP in July 2022 – BoG

Ghana’s public debt stands at GH¢402.4 billion as of July 2022, 68% of the country’s Gross Domestic Product.The debt stock which stood at GH¢392.1...

Experts say UK economy will return to pre-pandemic levels in 2024

The UK economy will return to its pre-pandemic levels only in 2024, experts have now said.In its latest economic update, Deutsche Bank said: "Since...

Financial meltdown: Fitch downgrades Ghana once more, this time from “CCC” to “CC”

The Long-Term Local-and Foreign-Currency Issuer Default Ratings (IDRs) of Ghana have been once again downgraded by the international credit rating agency, Fitch Ratings.The rating...

UK already in recession, Bank of England reveals

The Bank of England hikes interest rates as it indicates the UK is already in recession; government hints energy support for schools, hospitals, and...

New Zealand fully reopens borders after long pandemic closure

New Zealand's borders are fully open for the first time since March 2020, when they shut in an effort to keep out Covid-19.Immigration authorities...

China signals it could miss economic growth target

China has signaled that it may miss its annual economic growth target, as Covid restrictions weigh on the world's second largest economy.On Thursday, the...

Government to allocate one per cent of GDP to support research and scientific activities

The Government has announced that it will dedicate a minimum of one per cent of the country's Gross Domestic Product (GDP) to supporting research,...

France enters recession as GDP falls by record 5.8% in first quarter

France's gross domestic product contracted 5.8 percent in the first quarter and is officially in a recession, mainly because of the coronavirus lockdown imposed...

Ghanas provisional GDP grows 5.7 per cent in Q2

The provisional Gross Domestic Product grew 5.7 per cent year-on-year compared to the 5.4 per cent recorded in 2018 with oil and gas a...

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