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I take full responsibility for IMF u-turn – Akufo-Addo admits

President Nana Addo Dankwa Akufo-Addo has for the first time taken the blame for government's decision to resort to the International Monetary Fund for...
Business

Ghana’s inflation largely due to domestic factors – IMF

According to the International Monetary Fund, Ghana's rising inflation is primarily caused by domestic factors. Abebe Selassie, the African Director at the IMF, claims that...
Business

Ghana’s inflation now at 101% – Prof. Hanke challenges official rate of 37.2%

According to Professor Steve Hanke, a professor of Applied Economics at Johns Hopkins University, Ghana's inflation rate is currently 101 percent. He revealed this in...
Business

Finance Ministers must always be held responsible for economic challenges – IEA

Dr. John Kwakye, an economist, has disputed President Akufo-assertion Addo's that the present finance minister, Ken Ofori-Atta, has performed his job admirably and does...
News

I know Ghanaians are suffering – Akufo-Addo

President Akufo-Addo has acknowledged the prevailing hardship in the country. According to him, he receives briefing on the situation routinely. The President said he is ruling...
Business

Inflation in Ghana is driven more by domestic driven – IMF

The International Monetary Fund has attributed the high inflation in Ghana to more of domestic factors. This dismisses the argument that inflation in the country...
Business

Seeking IMF bailout was a difficult decision – Akufo-Addo

President Akufo-Addo says the decision to go to the International Monetary Fund (IMF) for a bailout was one of the most difficult choices he...
Business

Getting an IMF deal before 2023 budget presentation will be difficult – Economist

Economist Professor Lord Mensah has advised government to be measured in its expectations of signing a deal with the International Monetary Fund (IMF) before...
Business

Be transparent with data to International Monetary Fund – Former Finance Minister urges govt

Seth Terkper, former Finance Minister, has urged the government to be transparent as much as possible with data on revenue, expenditure and arrears in...
Business

Ghana Cedi is the world’s worst performing currency against dollar

Ghana’s cedi slumped to the world’s worst-performing currency to the dollar as wait-and-see investors continued to squeeze foreign capital into the west African country...
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