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Ghana

Ghana

Population: 32.83m
GDP: $77.59bn
Debt: 87.8% of GDP (2023 forecast)

news from Ghana

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Found 274 articles.

Displaying 1-10 out of 274 results.

The ruling party could benefit from its IMF U-turn

After losing a by-election, the opposition NDC is crafting its campaign on government failure ahead of next year's elections

The IMF approval of a US$3 billion bailout to support Ghana's ailing economy is being held up as a victory by the governing New Patriotic Party (NPP), but it is also an embarrassin...


The IMF offers some breathing space

Accra has secured concessions from the multilateral banks as well as China in exchange for promises on debt

Although West Africa's second largest economy had been expected to receive an International Monetary Fund deal in the coming months, the IMF's 17 May announcement – that its ...

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Deeper reforms needed after the bailout

Slowing inflation and a strengthening cedi after the IMF credit will help the ruling party’s election campaign

Ghana's US$3 billion bailout deal with the International Monetary Fund will not be painless, and comes with demands for a diet of structural reforms and spending cuts. Key prioriti...


Banks count the cost of debt restructuring

The government's debt exchange deal piles up pressure on the banks and the wider economy

After much lobbying and protest, Ghana's pension funds avoided the onerous terms of the government's domestic debt exchange finalised in February. Few others in finance were celebr...


The Opposition hides its teeth

Despite a near hung parliament, the opposition has done little to challenge the government

An evenly split Parliament between the ruling New Patriotic Party (NPP) and the opposition, National Democratic Congress (NDC) appears not to have resulted in greater parliamentary...


A commission under fire

The appointment of three new members to the seven-member electoral commission has prompted concerns that the governing New Patriotic Party (NPP) is packing the institution ahead of...


Displaying 1-10 out of 274 results.