Tag Archives: #Ghana

Ghana’s decision to go to IMF has paid off – President Akufo-Addo

President Akufo-AddoPresident Akufo-Addo has stated that his government’s decision to secure a $3 billion extended credit facility with the International Monetary Fund (IMF) in July 2022 has paid off, looking at the rate of recovery of the Ghanaian economy since the facility was secured in 2023. Addressing the managing director …

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Ghana’s unemployment rate hits 14.7 percent

The average rate of unemployment in the country has risen to 14.7 per cent in the first three quarters of 2023. The number of unemployed youth aged between 15 and 35 rose from about 1.2 million to over 1.3 million during the same period, with the rate among females consistently …

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Govt releases GH¢150m to patch potholes across Ghana

The government has released GH¢150 million to contractors for the patching of potholes across the country. The Ministry of Roads and Highways, in a statement dated Thursday, February 15, explained that the money is part of the first-quarter releases from the Ministry of Finance. “The government has released an amount …

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Ghana gets debt-relief terms, enough to unlock IMF $600m

Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse $600 million to the West African nation, Finance Minister, Ken Ofori-Atta said. The term sheet from the Paris Club Group of creditors and new ones including …

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GHANA, PORTUGAL SIGN DEFENCE AND ECONOMIC PACTS

The President of the Republic, Nana Addo Dankwa Akufo-Addo and his Portuguese counterpart, His Excellency Marcelo Rebelo de Sousa, have signed bilateral instruments of cooperation in the areas of defence, political consultation and trade between the two countries. This latest form of engagement, President Akufo-Addo said, would go a long …

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