BUSINESS

The Ghanaian economy must be structured in a way that will enable locals produce what they eat and also eat what they produce, Secretary-General of the Trades Union Congress (TUC) Dr Anthony Yaw Baah has said. In his view, the Ghanaian economy needs serious restructuring to favour local entrepreneurs. Dr Yaw Baah said these at a press conference while speaking ...

A Professor at the University of Ghana Business School (UGBS), Lord Mensah has said there is the need for policymakers to understand the structural challenges in the country as a way of addressing the economic problems. For instance, he said regarding agricultural sector that, the two most common foods Ghanaians consumed are maize and rice. He asked whether these are ...

The Ghana Union Traders Association (GUTA) has called on the government to pay critical attention to value for money on contracts it awards and also avoid scandalous expenditure if it really wants to come out from its economic quagmire. President of GUTA, Dr. Joseph Obeng bemoaned how the state pays double or three times the amount paid by private entities ...

Bolgatanga Central Member of Parliament Mr Isaac Adongo has proposed to the government to put together a team of experts to be led by an economist Dr Kwame Pianim for the negotiations with the International Monetary Fund (IMF). He said Finance Minister Ken Ofori-Atta and the Minister of State at the Ministry of Finance Charles Adu Boahen should not be ...

A Deputy Minister of Finance, Mr John Kumah has said an International Monetary Fund (IMF) programme will help the country to come out from the economic challenges faster. He said the government hopes that the programme will benefit the country. “Our objective as government is to restore confidence in the economy and rebound it from the difficulty, from the challenges, not only in ...

The Dean of the Business School at the University of Cape Coast, Professor John Gatsi has said that the decision to return to the International Monetary Fund (IMF) is an indication that the programmes and measures outlined by the government to deal with the economic challenges are not strong enough. It also means that the management of the economy has been difficult ...

Ghana is heading to the International Monetary Fund (IMF) for support despite repeated assurances given by the Finance Minister Ken Ofori-Atta that the country would not return to the Bretton Woods institution. On Friday July 1, the Ministry of Information announced in a statement that President Nana Addo Dankwa Akufo-Addo has instructed Mr Ofori-Atta to commence formal engagements with the IMF, inviting the Fund to support an ...

Farmers have appealed to the Ministry of Agriculture to support farmers with subsidy to purchase organic fertilizer in order to meet the demand for fertilizer in the country. Fertilizer prices have risen nearly 30 percent since the start of 2022, following last year’s 80 percent surge according to the World Bank. Concerns about fertilizer affordability and availability have been amplified ...

A Former Deputy Finance Minister Casiel Ato Forson has welcomed the decision by the government to go to the International Monetary Fund (IMF) for support. He said he is glad over the decision. Lands For Sale In Acres at Aburi Amanfrom, Watch the video Below; “I am glad that finally, the NPP government has taken the decision to go to the IMF in ...

President Nana Addo Dankwa Akufo-Addo has instructed his Finance Minister Ken Ofori-Atta to commence formal engagements with the International Monetary Fund (IMF) inviting the Fund to support an economic programme put together by the Government of Ghana. This follows a telephone conversation between the President and the IMF Managing Director, Miss Kristalina Georgieva, conveying Ghana’s decision to engage with the Fund. The Ministry of Information announced ...