Population: 26.44 mn.
GDP: 42.7 bn.
Debt: 11.2 bn.

Faced with power cuts, delays on gas production and lower oil export revenue, President John Mahama's government has secured a US1 billion loan from the International Monetary Fund. Opposition leader Nana Akufo-Addo is campaigning for economic reform and building support ahead of elections in late 2016.

news from Ghana

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Found 154 articles.

Displaying 1-10 out of 154 results.

  • Vol 55 No 23
  •  21st November 2014

Oil price down, debts up

Movement on a deal between the government and the IMF is slowing as concern grows over ballooning debts

  • Vol 55 No 20
  •  10th October 2014

Finding the funds

Accra's economic team is set to resume negotiations for a three-year programme with the International Monetary Fund after the IMF's annual meetings on 10-12 October. Prospects for a deal have been complicated by a statement from President John Dramani Mah...

  • Vol 55 No 18
  •  12th September 2014

Popping the gas balloon

Opacity and mismanagement in the oil and gas sector have turned financial problems into a much deeper economic crisis

  • Vol 55 No 16
  •  8th August 2014

Sunny side of Washington

Behind the smiles in Washington when President John Mahama and United States Secretary of State John Kerry signed a US$500 million credit on 5 August, lay growing concern about Ghana's economy. The money is to rehabilitate the rickety power sector and alt...

  • Vol 55 No 15
  •  25th July 2014

Red is the colour

A banner-waving alliance of professionals and trades unionists is highlighting the growing economic hardships and shaking up the political scene

  • Vol 55 No 15
  •  25th July 2014

Letting a crisis go to waste

Far from cruising to an inevitable electoral victory in 2016, the opposition New Patriotic Party has been left looking flat-footed, even as the government's troubles have multiplied. In comparison with the civic groups behind the Red Friday campaign, the ...

  • Vol 55 No 3
  •  7th February 2014

The wizard of Accra

Short-term economic worries and the government’s tin ear on corruption claims are wobbling Mahama’s presidency

  • Vol 54 No 24
  •  22nd November 2013

Deficit blues

Tough times are looming after years of high growth and political stability in an oil and gold producing economy

  • Vol 54 No 20
  •  4th October 2013

Drill-ship in the dock

Top politicians are battling it out in the courts again, this time over claims of corruption the two main parties are throwing at each other

  • Vol 54 No 18
  •  6th September 2013

The Court lowers the curtain

The judges’ finding for President Mahama raises as many questions as it solves but the focus will shift quickly to economic matters

Displaying 1-10 out of 154 results.