Chief Executive of Dalex Finance, Ken Thompson, has cast doubt over government’s ability to tackle the public debt in good time to the benefit of the economy. As at July this year, the country’s total debt had hit GH¢110 billion representing about 66 percent of Gross Domestic Production (GDP). Government has downplayed suggestions this is … Read more
A few days after approved Ghana’s third review under the its Extended Credit Facility (ECF) program the International IMF has praised Ghana for making substantial progress in pushing fiscal deficit and debt down. Team lead for the IMF team to Ghana Toujas- Joel Bernate in an interview said ‘ In terms of progress, one of … Read more
The Office of Dr. Mahamudu Bawumia has noted the discussions on his Public Lecture on the theme – “The State of the Ghanaian Economy – a foundation of Concrete or Straw” – and continues to thank the General Public for their support before, during and after the event. Though the government has till date not … Read more
By Theo Acheampong In the debate following Dr Bawumia’s presentation on the economy today, my good friend William Nyarko put up a post quoting the good doctor as saying “66% of Ghana’s debt since independence has been accumulated by President John Mahama in the last three years”. So, what does the data tell us about … Read more
Groupe Nduom (GN) Research has added its voice to expert views on the Ghanaian economy, describing it as one in distress. It said Ghana’s economy has been on a persistent decline over the past four years, coupled with its vulnerability to external shocks. According to its half-year review of the economy, GN Research noted for … Read more