Economic Growth

6.9% GDP Growth In 2024 Q2 Shows Economic Recovery – Finance Ministry
20 Sep

6.9% GDP Growth In 2024 Q2 Shows Economic Recovery – Finance Ministry

Wontumi1Business, ,
The Ministry of Finance has announced that the latest Gross Domestic Product (GDP) figures from the Ghana Statistical Service (GSS) indicate a rapid recovery of the Ghanaian economy despite global challenges and ongoing debt restructuring. The Ministry attributes this strong economic rebound to the government’s macroeconomic stability and growth initiatives under the IMF-supported Post-Covid-19 Programme for Economic Growth (PC-PEG). “Overall real GDP growth for the first half of 2024 has shown a significant resurgence, with an average year-on-year growth of 5.8% for the period, a notable increase from the 2.9% recorded during the same period in 2023. This growth includes…
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Global Growth Projected At 3.1%, 3.2% In 2024, 2025 – IMF
30 Jan

Global Growth Projected At 3.1%, 3.2% In 2024, 2025 – IMF

Wontumi1Business,
Global growth is projected at 3.1% in 2024 and 3.2% in 2025, the January 2024 World Economic Outlook Update by the International Monetary Fund has revealed. The 2024 forecast of 0.2 percentage points is higher than that in the October 2023 World Economic Outlook (WEO) on account of greater-than-expected resilience in the United States and several large emerging market and developing economies, as well as fiscal support in China. The forecast for 2024–25 is, however, below the historical (2000–19) average of 3.8%, with elevated central bank policy rates to fight inflation, a withdrawal of fiscal support amid high debt weighing…
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“Free, Fair Elections A Basis For Strengthening National Cohesion” – President Akufo-Addo
14 Sep

“Free, Fair Elections A Basis For Strengthening National Cohesion” – President Akufo-Addo

Kakra NunuFeatured, News, , , , , ,
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says the conduct of a free, fair, and transparent election, one whose result is beyond dispute, forms a good basis for strengthening cohesion amongst the Ghanaian citizenry, and preventing needless disputations. Speaking at the Annual Conference of the Ghana Bar Association, albeit through virtual means, on Monday, 14th September 2020, President Akufo-Addo explained that from 1992 to date, the conduct of the country’s elections has evolved significantly. According to President Akufo-Addo, the current multiplicity of media organisations and the power of social media, the existence of transparent ballot boxes, the decentralized…
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