Ghana economy

KEY POINTS One of the most vital economic sectors in Ghana is cocoa growing, which has a big impact on the GDP, employment, and foreign exchange profits of the nation.…

Ghana’s economy recorded a 5.8 percent growth in the first half of 2024, exceeding pre-pandemic levels and attracting multinational companies back to the country.

Haruna Iddrisu, a former Minority Leader, has strongly criticized Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), for his recent comments on improving Ghana’s economy. Bawumia, who…

NDC MP Isaac Adongo criticizes President Akufo-Addo’s administration, highlighting rising debt and economic hardships faced by Ghanaians.

Alliance for Revolutionary Change, led by Dr. Abu Sakara, pledges to stop cedi depreciation by leveraging Ghana’s cocoa resources.

Former NPP Secretary Nana Ohene Ntow criticizes Vice President Bawumia’s economic management, accusing him of neglecting economic issues for digitalization.

KNUST Lecturer Dr. Kwasi Amakye Boateng criticizes Dr. Bawumia’s economic promises as rhetoric, urging action to address the cedi’s depreciation.

Economist Professor Godfred Bokpin attributes the Cedi’s depreciation to the IMF’s restrictive financial support program, limiting Ghana’s central bank interventions.

Ghana’s cedi depreciation is devastating businesses, escalating costs, and deepening debts, putting the entire economic sector under pressure.

Ghana urgently turns to IMF and World Bank for crucial financial aid, aiming to prevent economic downfall and stabilize the national economy.