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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 288 articles.

Displaying 31-40 out of 288 results.

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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Ofori-Atta's team plans more cuts

Accra's return to the IMF has been praised by the ratings agencies and could trigger cheaper loans – but at the cost of wide-ranging budget reviews

The latest official budget data, for the first quarter, suggests Ghana was already overshooting this year's budget deficit targets before a second quarter when the full impact of R...


Plans for urban forest raise hackles

Many suspect a scheme to turn a protected forest into Accra's answer to Central Park are ecologically dangerous and a cover for corruption

A decision by President Nana Addo Dankwa Akufo-Addo's government to reclassify a large part of the Achimota Forest reserve in Accra – the only urban forest in the country &nd...


Government to ram through gold scheme

The Agyapa gold plan appears to be going ahead in the face of complaints that it is corrupt, opaque and undervalues a key national resource

President Nana Akufo-Addo's government is pushing forward with the Agyapa gold plan, under which a state company would register in the British tax haven of Jersey and sell 49% of i...


Displaying 31-40 out of 288 results.