Economy
The best of current economic news for Ghana, Africa and other parts of the world
Ghana records GDP growth of 6.5% in 2019 after rebasing economy
Ghana's GDP grew by 6.5% in 2019. This implies that the economy grew by an estimated 6.5 percent in 2019,...
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Fitch pegs Ghana’s economic growth rate to 2%, affirms rating to ‘B’
Fitch, a rating agency, based in the United Kingdom, has pegged Ghana’s economic growth rate for 2020 to 2% in...
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Moody’s review Ghana’s economic outlook to negative, affirms B3 rating
Credit rating agency, Moody’s Investors Service (Moody’s) on Friday, April 17,2020, changed Ghana’s economic outlook from positive to negative. The...
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Ghana’s Inflation rate for March 2020 remains unchanged, still at 7.8%
Latest figures released by the Ghana Statistical Service (GSS), indicates that Inflation rate for March 2020 is still at 7.8...
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Ghana may issue digital currency in ‘close to future,’ says Central Bank Chief
Ghana is becoming a member of the ranks of countries eyeing the launch of a central financial institution foreign digital...
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Covid-19 Crisis calls for Policies for Greater Resilience of Sub-Saharan Africa economies
The COVID-19 (coronavirus) outbreak has set off the first recession in the Sub-Saharan Africa region in 25 years, with growth...
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Socio-Economic Effect of Covid-19 on the Global Economy-Part Two
Economic Effect Covid-19 on Ghana The global rankings as at 29th March, 2020 revealed Ghana ranks 94th among 199 countries...
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World Bank supports Ghana’s COVID-19 response
The World Bank is providing US$100 million to Ghana to assist the country in tackling the COVID-19 pandemic. This US$100...
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Impact of Covid-19: Gov’t to borrow GH¢17.9bn in Q2
As the Covid-19 pandemic continues to ravage global economies, the Government of Ghana is said to be going to the...
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UNIPASS deal- Government to engage groups with opposing views
Government has indicated that it will engage institutions and groups that hold opposing views to the UNIPASS deal. The opposing...
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