“For the first time in history, an oil-rich country, some five years into oil production, is seeking a bailout from the IMF” (Akuffo Addo 2015). The current president tweeted this in April 2015, shortly after his predecessor, former president John Dramani Mahama, engaged the IMF under a working program. In what […]

source: https://crewblog.net/ Ken Ofori-Atta’s Databank pockets GHC 159.3 million from Gov’t bond deals The Finance Minister, has appeared incentivized by what his private company, Databank, is making from the back of the state to be in the financial market, raising money through bonds both locally and internationally. The Herald, has obtained […]

Ghana’s economic fortunes could have been better if His Excellency the President of Ghana had appointed economists to the Finance Ministry. None of the four ministers appointed by the president is an economist. Investment bankers have high appetite for borrowing and mortgaging future revenue. This information was gleaned from the […]

Jul.1, 2022 From:Ghana Leadership Union-GLU3 Boundary Rd. Ext.East Legon, Accra,Ghana To: The President /CEO,The International Monetary Fund-(IMF), Public Relations Dept.700 19th Street, N.W., Washington, D.C.20431 Dear Sir/Madam, I write to you today as a senior citizen of Ghana and President of Ghana Leadership Union (GLU) to plead with you strongly […]

Assin Central lawmaker, Kennedy Agyapong has expressed disappointment in the decision by the New Patriotic Party (NPP) government to go to the International Monetary Fund (IMF) for support. He said this decision will make breaking the 8-year cycle by the party tough. In his view, this is like handing over power to […]

President Akufo-Addo announced in a statement that he had given the go-ahead for Finance Minister Ken Ofori-Atta to begin formal negotiations with the IMF, urging the Fund to assist an economic plan developed by the Government of Ghana. According to the statement, this came after the President and Miss Kristalina […]

The Ghana Road Transport Coordinating Council (GRTCC) has asked the public to disregard the 20 per cent fare increment imposed by the Ghana Private Road Transport Union (GPRTU) and other unions. In a statement on Monday, the GRTCC said no single union has the mandate to determine the percentage increase […]

REMARKS ON THE STATE OF GHANAIAN ECONOMY DELIVERED AT INAUGRAL LAUNCH OF THINK PROGRESS GHANA BY FORMER PRESIDENT JOHN DRAMANI MAHAMA THURSDAY 30TH JUNE 2022. Good afternoon my fellow countrymen and women. It is a real pleasure to be part of the inaugural launch of Think Progress Ghana. Our public […]