POLITICS

Vice President, Dr. Mahamudu Bawumia, has admitted that the long delay in the construction of the Pwalugu Multipurpose dam project is as a result of financial constraints. Speaking at the launch of the Northern Development Authority’s five-year strategic plan in Tamale, Dr. Bawumia said government will look for funds to construct the dam. “Even though the project is facing financial ...

A Professor of Applied Economics at Johns Hopkins University, Professor Steve H. Hanke, has pegged Ghana’s inflation rate at 148%. This is against the current inflation rate (September 2022) of 37.2%. Reacting to President Akufo-Addo’s speech about reviving the ailing economy, the American Economist who is a hard critic of the country described the President address as “dreaming”. In a ...

On Thursday 3rd November 2022, the Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey will chair a UN Security Council Ministerial open debate. The debate is on the topic “Integrating Effective Resilience-Building in Peace Operations for Sustainable Peace”. The objective of the meeting is to highlight the imbalance between military action and non-military interventions and to make a ...

A snap opinion poll by Global InfoAnalytics shows that more than half of respondents are in favor of calls for the President, Nana Addo Dankwa Akufo-Addo to step down. While 54 percent were in support of the call, 40 percent were against it, with the remaining six percent saying they did not have any opinion on the subject matter. On ...

Ghana’s Budget Statement and the Economic Policy for 2023 may not be read on November 15, as scheduled. Majority Leader Osei Kyei-Mensah-Bonsu has revealed that the current negotiation with the International Monetary Fund (IMF) may delay the presentation. The Public Financial Management Act mandates that the budget is presented next two weeks. However, as negotiations between the Finance Minister and ...

An expelled member of the National Democratic Congress (NDC), Bernard Allotey Jacobs, has taken on Ghanaians putting pressure on the Akufo-Addo government over the current economic hardship in the country. According to him, those attacking the government are not being patriotic in these trying times. Government is currently under fire from Ghanaians following general hardships, consistent rise in prices of ...

Abuakwa South Member of Parliament, Samuel Atta Akyea has said that the Ghana National Petroleum Corporation can be a major source of revenue for Ghana’s economy if it should have proper alignment. Mr Atta Akeya said this in Parliament while agreeing with a comment by his colleague lawmaker for Pru East Dr Kwabena Donkor who made same comment in Parliament ...

Pru East Member of Parliament, Dr Kwabena Donkor has said the Ghana National Petroleum Corporation (GNPC) risks going bankrupt. He attributed this to the decision by the management of the GNPC to engage in activities outside of its mandate. Dr Donkor said this while supporting a motion to adopt he report of the Committee on Employment, Social Welfare and State ...

The President of IMANI Africa, Franklyn Cudjoe has called on the Special Prosecutor to investigate the alleged incident involving a wealthy businessman who attempted to influence the legislators who called for the Finance Minister’s dismissal. According to him, the action of the said businessman flies in the face of the laws of the country. Thus, the issue must be investigated ...

The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah has warned that should the prevailing conditions in the petroleum sector fester, there will be a shortage of petroleum products in the country ahead of the Christmas festivities. “If you look at the economic activities that occasion the last quarter of the year, we are not looking at ...