News

News

IMF Programs Hinder Economic Growth in Ghana: Expert Raises Concerns

Renowned economist Peter Terkper warns Ghana’s economic growth is stifled by restrictive IMF programs. Essential reforms like reducing rice imports and boosting local production are hindered by external forces, particularly advanced economies benefiting from export markets. Speaking to GBC’s Business News, Terkper emphasized this dynamic traps countries in debt and […]

News

IMF Sounds Alarm on Global Debt as Ghana Makes Strides in Economic Recovery

The International Monetary Fund warns global public debt will surpass $100 trillion in 2024, posing financial stability threats. Vitor Gaspar, IMF Fiscal Affairs Director, cites escalating debt, potentially reaching 115% of GDP. Gaspar urges governments to implement fiscal adjustments, strengthening governance for sustainable public finances. This caution comes amidst Ghana’s […]

News

Ghana’s Leadership Criticized for Prioritizing Parliamentary Standoff Over Pressing Issues

Professor Baffour Agyemang-Duah, former UN Governance Advisor, has voiced concerns over Ghana’s leaders focusing on Speaker Alban Bagbin’s ruling, neglecting critical national issues. In a Ghana Broadcasting Corporation’s Focus Show interview, Prof. Duah addressed the “Constitutional Standoff in Parliament,” emphasizing the need for government arms collaboration to resolve conflicts. Prof. […]

News

Ghana Cracks Down on Illegal River Mining, Burns Equipment

The Amansie South District Small-Scale Mining Task Force has taken decisive action against illegal mining activities on local rivers. A joint task force comprising the Amansie South District Assembly, National Disaster Management Organization (NADMO), Ghana Police Service, Immigration, National Investigation Bureau (NIB) and media outlets conducted the operation. Targeting illegal […]