economy

Dr.Bawumia’s Performance is Superb ~ Prof. Mike Oquaye

Dr.Bawumia’s Performance is Superb ~ Prof. Mike Oquaye

The former Speaker for the seventh Parliament, Professor Aaron Mike Oquaye has described the performance of Vice President Mahamudu Bawumia as top notch. In an exclusive interview with Okyeman TV at his residence, Professor Mike Oquaye said that Bawumia as the Vice President has been exceptional. “Dr. Bawumia has been superb. His performance is A-plus” the former Speaker stated. The former Speaker recounted the many policies and programs Dr. Bawumia has introduced as the Vice President and said they have helped the economy in so many ways. Most of the policies Bawumia has introduced have brought sunshine to a lot…
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John Mahama’s Economy Record Still Remains Poor Despite Sweet Promises

John Mahama’s Economy Record Still Remains Poor Despite Sweet Promises

After spearheading a government that created job losses and increased unemployment among the youth, former President John Mahama is out again promising to create jobs should he be voted for. During his recent tour to the the Asougyaman, Lower Manya Krobo, Yilo Krobo and Suhum constituencies, the former President and flagbearer of the National Democratic Congress, promised the that a future NDC government would create the enabling environment for their businesses to thrive. For a man whose record when it comes to the handling of Ghana’s economy is poor, it came as a surprise that Mr. Mahama is now preaching…
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NPP Better Managers Of Ghana’s Economy – Twum Boafo

NPP Better Managers Of Ghana’s Economy – Twum Boafo

NPP Better Managers Of Ghana's Economy - Twum Boafo Communications Specialist at the Ministry of Business Development (MoBD), Kofi Twum Boafo says there is no political party in Ghana better at managing the economy than the ruling New Patriotic Party (NPP). Speaking in an interview on Net 2 television, Kofi Twum Boafo said the Ghanaian economy is growing faster under the NPP administration headed by President Nana Addo Dankwa Akufo-Addo than any other government since the Fourth Republic when Ghana returned to constitutional rule in 1992. “The NPP are better managers of the economy. They steer the economy better than any other government”, he…
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Economy to recover earlier than expected – First Deputy Governor of BoG

Economy to recover earlier than expected – First Deputy Governor of BoG

First Deputy Governor of the Bank of Ghana Dr Maxwell Opoku-Afari has said contrary to fears that the economy will take some time before getting back on track, data available to the Central Bank suggests that the economy is on its way to recovery. According to him, even though the country experienced a contraction in economic activities in the second quarter of this year, the Central Bank’s Composite Index of Economic Activity (CIEA) shows significant recovery in the third quarter. He said “what we have seen at the Central Bank and one of the advantages we have is to have…
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Ghana’s economy contracts by 3.2% in second quarter – Statistical Service

Ghana’s economy contracts by 3.2% in second quarter – Statistical Service

Ghana’s Statistical Service (GSS) has reported a 3.2% contraction of the country’s economy for the second quarter of this year for the first time since 1983. The data provided also showed that Ghana’s Gross Domestic Product (GDP) in the 2nd quarter of this year increased from GHS 85.7 billion compared to GHS 84.3 billion recorded for the same period in 2019. According to government statistician, Professor Samuel Kobina Annim the contraction was as a result of the partial lockdown and the restrictions on certain activities brought on by the coronavirus pandemic. “For the first time, in 37 years, Ghana’s economy…
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December Polls Is Between Monumental Social Transformation And Petty Okada Legalization – Astute Politician Mocks Mahama

December Polls Is Between Monumental Social Transformation And Petty Okada Legalization – Astute Politician Mocks Mahama

The Ashanti Regional Chairman of the Great Consolidated Popular Party (GCPP), Kofi Owusu Omar, has stressed that it would be a waste of time for Ghanaians to vote for the NDC to come back to government and create a big mess. He emphasized that going by the record of its achievements the NDC has failed woefully in all sectors of the economy. "NDC brought woes to the country. They don't know how to govern. What they know is to deceive the public by throwing dust into their eyes. If you are to assess them you will score them 2%", he…
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President Akufo-Addo Cuts Sod For Ghana’s First Modern Foundry And Machine Tooling Centre

President Akufo-Addo Cuts Sod For Ghana’s First Modern Foundry And Machine Tooling Centre

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has cut the sod for the construction of Ghana’s first modern foundry and machine tooling centre, which will produce agro-processing machines and equipment, farming implements, and spare parts for maintenance and repairs. Cutting the sod for the commencement of construction on Monday, 31st August, President Akufo-Addo explained that, once completed, the facilities at the Centre will provide technical support for policy initiatives of Government such as “One District, One Factory”, which is already in place in many districts across the country, and is providing jobs for Ghanaian youth. “More importantly, the…
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NDC Operates Like A Quack Doctor, They Always Give The “Wrong Diagnosis”- Ahomka-Lindsay

NDC Operates Like A Quack Doctor, They Always Give The “Wrong Diagnosis”- Ahomka-Lindsay

Ghana was left on sickbed and it took the timely intervention of the Akufo-Addo led government to resuscitate and bring the economy back to life, the deputy minister of Trade and Industry, Robert Ahomka-Lindsay, has said. In his view, anytime the National Democratic Congress is given an opportunity to form a government, they operate like quack doctors. “NPP have the men and women for the job. If you are sick, you go the doctor and not a carpenter. Even if you get a doctor and he gives you the wrong diagnosis, they can kill you”, he said to warn voters…
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