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“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...

Proof of debt sustainability needed to get a deal – IMF tells govt

Ghana's ability to obtain an economic programme from the International Monetary Fund (IMF) now depends on evidence of the nation's capacity to meet all...

Nation loses 7% GDP to psychological distress

Psychological distress, a mental health condition, costs the country about seven per cent (GH¢8.6 billion) of its Gross Domestic Product (GDP), a clinical psychologist,...

GI-KACE Holds AI series forum on music and creative arts

The Ghana-India Kofi Annan Centre of Excellence in ICT (GI-KACE) has organised an Artificial Intelligence (AI) knowledge series forum on music, entertainment, culture and...

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...

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