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Ghana

Ghana

Population: 32.83m
GDP: $47.33 bn.
Debt: $22.02 bn.

news from Ghana

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Found 262 articles.

Displaying 1-10 out of 262 results.

The succession race starts

There's no date yet for the ruling New Patriotic Party's (NPP) presidential primaries but prospective candidates are preparing for the elections required within 12 months of the ne...


Financial meltdown weakens NPP

Pushed into a U-turn as it negotiates a $3 billion bailout with the IMF, the governing party’s credibility has crashed

Militants of the main opposition National Democratic Congress (NDC) have a spring in their step in the new year as they gear up to fight the December 2024 general elections. They h...


Ructions over debt deal hold up IMF bailout

Political fights over where the cuts should fall are testing finance minister Ofori-Atta's staying power and may prolong the crisis

The speed at which the IMF and finance minister Ken Ofori-Atta's treasury team agreed a provisional deal for a US$3 billion bailout in mid-December after intensive talks and number...


Finance in question

The sacking of Minister of State for Finance Charles Adu Boahen on 14 November briefly moved the spotlight from the substantive Minister of Finance Ken Ofori-Atta who has been answ...


Economic woes hit Akufo-Addo on all sides

Ruling party MPs call for the head of the finance minister, as critics blame corruption for the plunging cedi and rising prices

Under growing pressure from within and outside his New Patriotic Party (NPP), President Nana Addo Dankwa Akufo-Addo is trying to mollify critics of the government's economic strate...


Banking on the Fund

Worries over the repercussions of a wide-ranging debt restructuring are slowing the government’s negotiations for a $3 billion credit from the IMF

The markets have turned against President Nana Akufo-Addo's New Patriotic Party (NPP) government, pushing up bond yields and eroding the value of the cedi against the dollar by 45%...


Penalise the plunder, say protestors

Civil society groups are up in arms about the Auditor-General's refusal to use his powers to recover $1.7bn in misappropriated public funds

A coalition of civil society groups is protesting the unwillingness of the Auditor-General, Johnson Asiedu, to act on his latest annual audit of government expenditure, published l...


Monumental disputes

Plans for a National Cathedral and to revamp a monument to independence leader Kwame Nkrumah are becoming a political battleground

President Nana Addo Dankwa Akufo-Addo described the project to build a National Cathedral in Accra as 'an opportunity to redeem a pledge I made to [God] before I became President',...


Akufo-Addo faces the costs of an IMF deal

The government's U-turn on a bailout boosts the opposition in the short term but raises bigger questions about the economy's structure

On 13 July, after six days of talks with the government, the International Monetary Fund referred to Ghana's 'challenging economic and social situation' – code for the multip...

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Displaying 1-10 out of 262 results.