[ad_1] The Ghana Catholic Bishops’ Conference has asked the government to take urgent steps to stabilize the economy to bring relief to many Ghanaians who have to bear with the current economic difficulties. According to the Bishops, “The current economic hardships are becoming unbearable for Ghanaians.” The Catholic Bishops who rose from their 2023 annual…
[ad_1] President of the National Association of Graduate Teachers (NAGRAT), Angel Carbonu The President of the National Association of Graduate Teachers (NAGRAT), Angel Carbonu says the base pay increment of 23% was painstakingly arrived at. Organised Labour has secured a 23% increment in the base pay for the year 2024, after a two-day negotiation with…
[ad_1] Amid Ghana’s ongoing economic struggles, a recent delegates poll has unveiled a striking revelation: President Nana Akufo-Addo retains an ardent following within his party, the New Patriotic Party (NPP). The comprehensive survey, which canvassed the opinions of over 4,300 NPP delegates from every corner of the nation, disclosed that an astounding 79% of respondents…
[ad_1] President Nana Akufo-Addo The Ghanaian Cabinet has approved additional economic measures to maintain the country’s recent strides towards economic recovery. The measures are intended to fortify growth stability and cut spending. The decision comes as President Nana Addo Dankwa Akufo-Addo and his Cabinet ended a three-day retreat to address the country’s economy and humanitarian…
[ad_1] The Food and Beverage Association of Ghana has highlighted the adverse effects of over-taxation on the Ghanaian economy and called for major tax cuts in the 2024 fiscal year. The Association’s executive chairman, John Awuni, emphasised that while various governments have attempted to achieve stable economic growth in Ghana, none have managed to engineer…
[ad_1] The net worth of the typical US household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts, according to a government report Wednesday. Wealth for the median household — the midpoint between…
[ad_1] The Chinese president praised his Belt and Road Initiative at its 10-year anniversary forum, saying it is the ‘right path forward’. Chinese President Xi Jinping has warned Western states against “decoupling” from his country’s economy, insisting amid declining foreign investment that China’s development should be viewed as not a threat but an asset. Xi’s…
[ad_1] New figures released by the International Monetary Fund (IMF) on Tuesday, October 10, 2023, at the IMF/World Bank meetings in Morocco suggest a more optimistic outlook for Ghana’s economic growth in 2024, compared to the dip projected for 2023. The IMF is projecting a growth rate of 2.7 percent for the year 2024, a…
[ad_1] In a recent interview, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has praised the economic progress of Ghana and expressed optimism for a possible $600 million disbursement in November. Georgieva acknowledged the substantial improvement in Ghana’s economic standing over the last month, citing the country’s successful implementation of the recent…
[ad_1] A Ghanaian resident in Germany with a placard commending the government A group of Ghanaians gathered outside the Ghana Embassy in Germany on Saturday to show their support for the government’s efforts to turn the economy around and the progress made. Ghana’s economy has struggled as a result of the COVID-19 and Russia-Ukraine…
